LATAM reports 2Q net loss, ‘satisfaction’ with post-merger progress
Credit: Courtesy, LATAM
LATAM Airlines Group has posted a second-quarter net loss of $329.8 million, narrowed from a net loss of $448.8 million in the year-ago quarter. LATAM, a merger of Chile’s LAN Airlines and Brazil’s TAM Airlines, said the results were skewed due to a 10.5% depreciation of the Brazilian real during...
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