LATAM Airlines Group posts $66 million 1Q net profit

Credit: Rob Finlayson
South America’s LATAM Airlines Group reported a first-quarter 2017 net profit of $65.6 million, down 35.9% from the company’s $102.2 million net income in 1Q 2016. Operating revenue for the quarter increased 6.4% year-over-year (YOY) to $2.5 billion. LATAM attributed the increase to the company’s...

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