LATAM Airlines report second quarter results

LATAM Airlines has reported second quarter revenues of $3 billion which is up 13.2% when compared to the same financial quarter of 2023. The company’s net income for the period was flat at $146 million, with an operating margin of 9%. Passenger revenue amounted to $2.6 billion, an increase of 14.3% in comparison to the same quarter of 2023. Cargo revenues also increased, rising by 6.9% to a total of $380 million. The airlines consolidated capacity which is measured in available seat kilometres (ASK) saw an increase of 16.2% in comparison to the second financial quarter of 2023. Load factor