LATAM Airlines Reports Q3 2026 Revenue Growth Amid Rising Fuel Costs
LATAM Airlines Group S.A. reported strong third-quarter results for 2026, with total revenue reaching $4.6 billion, an 18.4% increase year over year. This growth was primarily driven by a significant expansion in passenger unit revenue and robust cargo demand, which grew 19.5%. Despite these gains, the company faced headwinds from a 52.1% surge in average jet fuel prices, resulting in a $520 million impact for the quarter. While net income rose 16.3% to $441 million, Adjusted EBITDA saw a slight decline of 4.7%. Management responded to the strong performance by upwardly revising full-year revenue guidance to between $17.6 billion and $17.8 billion. The company maintains a stable liquidity position with $4.4 billion in total available funds and an adjusted net leverage of 1.5x, well within its target range.
Tickers: $LTM
Topics: adjusted EBITDA cargo demand net income passenger revenue revenue growth
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