BUSINESSTHE RIO TIMES
LATAM Posts a Record Quarter, Then Trims Flights as Fuel Spikes
LATAM reported a record first-quarter 2026 adjusted EBITDA of US$1,315 million, a 37% increase, and a 62% rise in net income to US$576 million. However, its Brazilian unit announced a 3% reduction in July capacity due to a jet-fuel price spike, and the airline lowered its guidance.
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