LAN and TAM tails
Santiago-based LATAM Airlines Group reported a second-quarter net loss of $58.9 million, narrowed from a net loss of $329.8 million in the year-ago quarter. The company said the results were “negatively affected by reduced passenger and cargo demand during the FIFA World Cup soccer tournament held in Brazil, as well as by very weak seed exports in the cargo business.” The LATAM Airlines Group is a consolidation of Chile’s LAN Airlines, LAN Cargo, Brazil’s ...
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