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End-of-day quote
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5-day change | 1st Jan Change | ||
| 12.65 CLP | +1.12% |
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+0.80% | +32.46% |
| 16/07 | LATAM Airlines Group S.A. Announces Amendment to the Revolving Credit Facility | CI |
| 10/07 | Argentina rolls out aviation reform in bid to bring in foreign airlines | RE |
(Reuters) - LATAM Airlines, South America's largest carrier, sees higher revenue in 2023 compared to last year, according to guidance from the company published in a statement on Thursday.
The Chile-based airline's revenues are expected to reach between $11 billion and $11.5 billion by the end of this year, compared to $9.5 billion estimated for 2022, while its adjusted EBIT margin is seen at 6%-8% this year, from around 1%, the statement said.
(Reporting by Valentine Hilaire and Carolina Pulice; Editing by David Alire Garcia)
| 1st Jan change | Capi. | |
|---|---|---|
| +32.46% | 8.39B | |
| +13.87% | 29.51B | |
| -10.96% | 21.05B | |
| +49.34% | 20.47B | |
| +8.38% | 18.79B | |
| +13.25% | 15.48B | |
| -27.53% | 13.83B | |
| +35.28% | 12.83B | |
| -12.99% | 12.44B | |
| +12.26% | 10.96B |
LATAM AIRLINES GROUP S.A. 
