LAN Airlines reported a first-quarter net income of $76.1 million, down 21.8% from a $97.2 million profit in the year-ago period.
LAN Airlines 767-300. Courtesy, Boeing LAN Airlines reported a first-quarter net income of $76.1 million, down 21.8% from a $97.2 million profit in the year-ago period. The airline said the results were “impacted by a 14.7% increase in fuel prices and a more challenging environment in the cargo business, as well as by the ongoing development of LAN Colombia’s operations.” Total revenues rose 12.6% to $1.5 billion while operating expenses ...
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