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Search resuls for: "Ramiro Alfonsin"


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LATAM Airlines sees stronger 2023 after Q2 results boost
  + stars: | 2023-08-03 | by ( ) www.reuters.com   time to read: +3 min
A Latam Airlines airplane is seen at Guarulhos International Airport amid the outbreak of the coronavirus disease (COVID-19), in Guarulhos, near Sao Paulo, Brazil, May 19, 2020. REUTERS/Amanda PerobelliSANTIAGO, Aug 2 (Reuters) - LATAM Airlines expects "record" net earnings in 2023 after posting stronger second-quarter results and improved forecasts, company executives said on Wednesday, hoping to bolster investor confidence after the company's exit from bankruptcy in November. "Without a doubt we are foreseeing a much better financial situation and very good profitability in 2023," he told reporters. Alfonsin added that the company was expecting to hit pre-pandemic level results for the year and record EBITDAR. LATAM Airlines, South America's largest airline, operates units across the continent, with routes across the world.
Persons: Amanda Perobelli SANTIAGO, Ramiro Alfonsin, Alfonsin, Fabian Cambero, Gabriel Araujo, Isabel Woodford, Valentine Hilaire, Gerry Doyle Organizations: Latam Airlines, Guarulhos, REUTERS, LATAM Airlines, South America's, Chilean, LAN, Brazilian, TAM, U.S . Department of Transportation, U.S, Thomson Locations: Guarulhos, Sao Paulo, Brazil, Santiago, South
LATAM Airlines posts narrower quarterly loss as fuel costs bite
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: +1 min
SANTIAGO, Nov 8 (Reuters) - LATAM Airlines (LTM.SN), South America's largest carrier, reported on Tuesday a narrower third-quarter net loss of $296 million, the company said in a statement, partly hit by high fuel prices. The Chile-based airline's quarterly loss this year compares to a $694 million loss during the same three-month period last year. LATAM's revenue during the July to September period rose 97% to total $2.587 billion compared to the third quarter last year. LATAM filed for Chapter 11 bankruptcy protection in 2020 after the airline was hammered during the pandemic. Reporting by Fabian Cambero; Editing by David Alire Garcia and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.
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