LAN reports flat operating performance as accounting change boosts profit
A one-time pre-tax gain of $40.3 million related to an adjustment in its maintenance accounting policy helped boost LAN Airlines' first-quarter bottom line, which showed a profit of $79.7 million, a 71.9% increase over year-ago net earnings of $46.3 million. Performance was flat excluding special...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
