LATAM posts 1Q net loss, slows capacity growth plan
Credit: Rob Finlayson
LATAM Airlines Group reported a first-quarter net loss of $60.1 million, compared to a $92.2 million profit in the year-earlier period, as weak international demand contributed to a decline in revenue. Revenue for the quarter was $2.5 billion, down 7.5% from $2.7 billion in the 2018 quarter. The...
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