Despite an estimated $25 million net negative impact from the massive earthquake that struck Chilein late February, LAN Airlines reported a first-quarter net profit of $88.3 million, up 35.8% from net income of $65 million in the year-ago period. The Santiago-based carrier said the improved profitability reflected "a strong recovery in both the cargo and passenger businesses." It noted, however, that the demand recovery "was partially offset by the negative impact" of ...

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