LATAM Airlines doubles net profit in 2017 but misses expectations
Regional carrier LATAM Airlines posted a 2017 net profit of US$155.3m on Wednesday, missing market expectations amid higher fuel costs even as it more than doubled what it earned a year earlier. In Q4, the Chile-based airline made $67.2m in net profit, up 23.6% from the same period in 2016, it said. A Reuters poll had forecast the company’s 2017 profit at $165m and Q4 profit at $77m.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-03-16/oneworld/latam-airlines-doubles-net-profit-in-2017-but-misses-expectations
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LATAM Airlines doubles net profit in 2017 but misses expectations
Regional carrier LATAM Airlines posted a 2017 net profit of US$155.3m on Wednesday, missing market expectations amid higher fuel costs even as it more than doubled what it earned a year earlier. In Q4, the Chile-based airline made $67.2m in net profit, up 23.6% from the same period in 2016, it said. A Reuters poll had forecast the company’s 2017 profit at $165m and Q4 profit at $77m.<br/>
