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LATAM posts 4Q net income decrease of 92.6%

Group remains confident in the 'synergy target of between $600 and $700 million will be fully achieved' by June 2016
LAN, TAM Airlines

LAN and TAM airline tails

Courtesy, LATAM

LATAM Airlines Group, parent of TAM and LAN Airlines, reported 2012 fourth quarter net income of $8.5 million, down  92.6% from $114.9 million in the year-ago ...

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