Santiago, Chile-based LATAM Airlines Group reported a $92.1 million net loss for the 2016 second quarter, deepened from the group’s $49.7 million net loss in 2Q 2015. Revenues for the South American airline group—which comprises LATAM Airlines and its affiliates in Peru, Argentina, Colombia and Ecuador, LATAM Cargo, TAM S.A. and its affiliates in Brazil and Paraguay, plus loyalty-program company Multiplus S.A.—fell 12.5% year-over-year (YOY) to $2.11 billion. The drop in ...

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