Latam airlines has poor performance in 2Q; defers incorporation of new aircraft

Tuesday, August 16th 2016 - 06:01 UTC

Full article 2 comments

Latin America's largest airline, reported a wider-than-forecast net loss in the second quarter of US$92 million, as it struggles to overcome tough economic conditions in its key markets. The airline made a loss of US$50 million in the same period a year ago, a quarter that is traditionally weak for seasonal reasons. Read full article

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ChrisR
“It has said that any recovery in its bottom line will depend on a turnaround in Brazil, currently mired in deep recession.”

Oh well, that's bollocks it then.
Aug 16th, 2016 - 01:26 pm - Link - Report abuse 0
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Frank
I think this merger was not the smartest thing Lan Chile ever did..... not quite as dumb as setting up shop in RGland.
Aug 17th, 2016 - 08:27 am - Link - Report abuse 0
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