• Photo: Daily archive


Artikel Nummer: 6248

Less cargo but more income for Latam

The Latam Airlines Group reported a Q1/2014 operating income of USD 146.7 million, excluding non-recurring costs related to fleet restructuring. The increase of 28.5% as compared to Q1/2013 was driven by strong improvements in the results of Latam's passenger services in most markets, especially those in Brazil, offset by the 18.5% depreciation of the Brazilian real over this period, as well as by weaker results in the cargo business, with ATKs declining by 6.6% compared to Q1/2013.


Related news