LATAM Airlines Group, parent of Brazil’s TAM and Chile’s LAN Airlines, reported a 2015 third-quarter net loss of $113.3 million. The net deficit, deeper than the year-ago quarter’s $107.8 million net loss, is attributed by LATAM management to a weakening macroeconomic environment in Latin America embellished by the ongoing devaluation of Latin American currencies—especially the “challenging economic scenario” of the Brazilian real’s 55.5% ...

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