LAN reported second-quarter net income of $42.6 million, up 158.9% from $16.5 million in the year-ago period. "This result reflects strong capacity expansion, with significant margin improvements resulting mainly from lower costs," LAN said. Revenue increased 11.5% to $769.6 million as passenger revenue jumped 18.7% and cargo revenue rose 3.5%. "Revenue growth in the passenger business can be largely attributed to the expansion of LAN's international operations, both regional and long-haul," ...

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