Capacity control, economic rebound lifts LATAM to record 3Q net profit

Credit: Rob Finlayson
Santiago-based LATAM Airlines Group reported a 2017 third-quarter net profit of $160.6 million, compared to $4.7 million net income in 3Q 2016, boosted by a $59 million foreign exchange gain based on a 4.4% appreciation of the Brazilian real during the quarter. LATAM said it was the highest...

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