Passenger Revenues, Fleet Cuts Drive LATAM’s 2Q Earnings

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LATAM Airlines Group’s route capacity and fleet management efforts, combined with a 10.6% rise in passenger revenues, helped to push its 2017 second-quarter operating profits to a company-record $48.2 million, compared to $1.3 million for 2Q 2016. LATAM has reduced its total operating fleet by 5.2%...

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