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Recent Updates — LTM

August 4, 2026View Source ↗

LATAM Airlines Group reported second quarter 2026 results with total revenues of US$4,183 million, a 27.6% increase year-over-year, driven by strong passenger and cargo demand. Net income attributable to parent owners fell 48.2% to US$125 million, or diluted earnings per ADS of $0.44, as aircraft fuel costs surged 93.1% due to geopolitical tensions. Adjusted EBITDA decreased 16.1% to US$713 million, and the adjusted operating margin contracted to 5.4%. The company updated its full-year 2026 guidance, raising the adjusted EBITDA range to US$4.1–4.4 billion from US$3.8–4.2 billion. Additionally, shareholders approved a new share repurchase program for up to 5% of shares over five years at an extraordinary meeting on August 3, 2026. LATAM Airlines Group operates as the principal airline group in Latin America, providing passenger and cargo services across South America and international routes.

August 4, 2026View Source ↗

LATAM Airlines Group S.A. filed its interim consolidated financial statements for the six-month period ended June 30, 2026. The company reported net income of $695.6 million, an increase from $598.4 million in the prior year period. Revenue grew to $8.2 billion from $6.6 billion, driven by operational growth across its Latin American network. Total assets reached $19.6 billion, with cash and cash equivalents rising to $2.65 billion. The company paid dividends totaling $210.4 million during the period. LATAM Airlines Group S.A. operates in the airline industry, providing passenger and cargo air transport services across Latin America and international routes.

August 3, 2026View Source ↗

LATAM Airlines Group S.A.'s shareholders approved a new share repurchase program at an Extraordinary Shareholders’ Meeting on August 3, 2026. The authorization permits the company to acquire up to 5% of its subscribed and paid shares, equating to approximately 28.7 billion shares out of a total capitalization of roughly 574.2 billion shares. This program is valid for five years and grants the Board of Directors discretion regarding acquisition timing, pricing, and execution methods, including pro rata exchange transactions or direct market purchases. The filing also notes existing authority to acquire up to 1% of share capital annually without pro rata procedures. LATAM Airlines Group S.A. operates in the airline industry, providing passenger and cargo transportation services.