Airline

Q3 loss for LATAM

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Q3 loss for LATAM

LATAM Airlines has reported 54% decline in operating income to US$118.4 million for third quarter 2014, compared to US$255.5 million operating income in third quarter 2013. Operating margin reached 3.8%, compared to 7.6% in 2013. The airline stated that this contraction in margins was “mainly driv...

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