LATAM Q1 2026 profit tops expectations; group cuts 2026 outlook on higher fuel and cautious pricing
LATAM Airlines Group reported first-quarter 2026 net profit of $576 million, driven by a 10.4% capacity increase and a 19.8% adjusted operating margin. Liquidity ended the quarter at about $4.1 billion, but LATAM lowered its 2026 guidance for June amid a jet-fuel price outlook (referenced around $170 per unit) and a conservative pricing stance.