May. 5 at 11:26 PM
Latam Airlines Group reported a net profit of US
$576 million in Q1, supported by a 19.8% adjusted operating margin, reflecting financial strength despite global volatility and rising costs.
The airline raised capacity by 10.4% and carried 22.9 million passengers (+9.1% YoY), driven by strong international demand and Brazil’s domestic market.
Adjusted EBITDA reached US
$1.315 billion, despite a US
$40 million hit from higher fuel prices. Cargo operations transported over 250,000 tons.
Latam updated its 2026 guidance, projecting adjusted EBITDA between US
$3.8–4.2 billion, while anticipating continued fuel cost pressure.
Management highlighted continued momentum from 2025, with sustained growth in revenue, margins, and cash generation.
$LTM