LATAM Airlines boosts yearly earnings outlook after solid Q1 results

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Subject of emergency alert message arrested - May 2, 2024 | SaltWire #dartmouth #update #suspectSAO PAULO/MEXICO CITY - Chilean carrier LATAM Airlines hiked its earnings forecasts for this year on Thursday, backed by a strong first-quarter performance and increased demand.

Passenger traffic, as measured by available seat kilometers , grew 17.5% in the quarter, topping the pre-pandemic capacity logged in 2019. LATAM's liquidity"allows us to be competitive, to grow more steadily, to more calmly take on new projects and to obtain better terms with providers," Chief Financial Officer Ramiro Alfonsin told journalists.

 

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