Latest Aviation News Air transport LATAM AIRLINES EXPECTS HIGHER OPERATING MARGIN IN 2018

Latam airlines expects higher operating margin in 2018

AFP
05/01/2018 | 122 words

Latam Airlines, the largest airline in Latin America, said Thursday it expects an operating margin of between 7.5 and 9.5 percent in 2018, up from its estimates for last year.

The Chile-based airline attributed the increase to a higher flow of passengers on international flights and domestic flights in Brazil.

Last year it had projected an operating margin of between six and eight percent.

The measure is a gauge of the proportion of a company's revenue remaining after paying wages and other variable production costs.

Created in 2012 from the merger of the Chilean airline LAN and the Brazilian TAM, the carrier posted its first profit, of $69.2 million, in 2016.

 
 
 
19/07 AFI KLM E&M steps up a gear on CFM's LEAP
19/07 Sabena technics finally gets back on-board C-130Hs
19/07 Airbus fetes first flight of its new 'whale in the sky'
19/07 AirAsia announces $30bn deal for 100 Airbus planes
19/07 With CSALP, Airbus is also taking over the support of the A220 family
16/07 Airbus strikes deals in China, India amid Brexit concerns
Featured Content
How Thai Airways will Expand Rolls-Royce's Trent Engine Service Network
China embarks on board aircraft recycling
AMAC Aerospace makes even more of a mark on the worldwide MRO and VVIP completion stage
Daher uncovers data mining with Me&MyTBM
Christophe Bénaroya: the Toulouse Business School Aerospace MBA will be remodelled
 
LATEST NEWS   CIVIL AEROSPACE   MRO & SUPPORT   AIR TRANSPORT   DEFENCE   SPACE
Follow us
© 2018 Le Journal de l'Aviation - All rights reserved

By continuing to use the site, you agree to the use of cookies. You can find out more by following this link.  OK  Find out more