Earnings ·
LATAM reports $441M Q3 net income and raises full-year revenue guidance to $17.6–$17.8B
LTMLatam Airlines Group S.A.
LATAM Airlines Group reported third-quarter 2026 results with total revenues of US$4,567 million, an 18.4% increase year-over-year, driven by a 17.8% rise in passenger revenue and higher cargo yields. Net income attributable to parent company owners reached US$441 million, up 16.3%, while diluted earnings per ADS grew 17.8% to $1.54. Adjusted EBITDA was US$1,095 million with a 24.0% margin, down from the prior year due to elevated jet fuel prices that increased costs by approximately US$520 million. The company updated its full-year 2026 guidance, raising the revenue outlook to US$17.6–17.8 billion and adjusting expected Adjusted EBITDA to US$3.9–4.05 billion. Additionally, LATAM closed a US$505 million long-term financing facility for new-generation aircraft and received credit rating upgrades from S&P and Fitch to BB+. LATAM Airlines Group operates as the principal airline group in Latin America, providing passenger and cargo services across South America, North America, Europe, and Oceania.