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FlightGlobal • Graham Rapier

LATAM reports $441 million Q3 profit as fuel costs compress margins and prompt lower earnings outlook

LATAM Airlines Group reported third-quarter revenue of $4.567 billion, up 18.4%, and net income of $441 million. A 52% jump in fuel costs cut its adjusted operating margin to 12.5% from 18.1%; despite passing through about 80% of the increase via higher fares, LATAM lowered its full-year adjusted EBITDA outlook while raising its revenue guidance floor.

2026-11-03T14:04:49.273225-08:00

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FlightGlobal

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LATAM reports $441 million Q3 profit as fuel costs compress margins and prompt lower earnings outlook

LATAM Airlines Group reported third-quarter revenue of $4.567 billion, up 18.4%, and net income of $441 million. A 52% jump in fuel costs cut its adjusted operating margin to 12.5% from 18.1%; despite passing through about 80% of the increase via higher fares, LATAM lowered its full-year adjusted EBITDA outlook while raising its revenue guidance floor.

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Air Data News

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LATAM to resume nonstop Santiago-Caracas flights in January 2027

LATAM will resume nonstop Santiago–Caracas flights in January 2027, operating four times weekly with Airbus A320neo aircraft. Direct air links between Chile and Venezuela were suspended in 2024; the restart would restore a route after more than two years without nonstop service.

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