LATAM posts $94 million 1Q net profit on passenger, cargo rebound

Credit: Rob Finlayson
Santiago-based LATAM Airlines Group posted a $94 million net profit for the first quarter of 2018, up 43.2% compared to 1Q 2017’s $66 million net income, driven by a 50% year-over-year (YOY) rise in operating income. The company said the operating income was boosted by unit revenue and capacity...

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