LATAM posts 4Q net income decrease of 92.6%

Credit: 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 period. The figures exclude $21.9 million in expenses related to the business combination of both carriers, plus $52.7 million in aircraft...

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