LATAM Airlines Group returns to profit in 2016
Credit: Rob Finlayson
Santiago, Chile-based LATAM Airlines Group reported a 2016 net profit of $69.2 million, reversed from a net loss of $219.3 million in 2015. LATAM Airlines Group is parent company to Brazil’s TAM and Chile’s LAN Airlines, and their affiliates. Full-year revenue for the group fell 6% year-over-year...
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