Chilean airline LATAM expects 20% revenue growth this year (Reuters file photo)
[Financial Channel/Comprehensive Report] Tourism business opportunities have exploded after the epidemic. LATAM Airlines, the largest airline in South America, issued company guidance in a statement on Thursday. About US$9.5 billion, an increase of 15.78% to 21.05%.
LATAM also expects an adjusted earnings before interest and taxes (EBIT) margin of 6%-8% this year, up 5-7 percentage points from about 1% in 2022, Reuters reported.
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LATAM also forecasts that passenger and cargo traffic will grow by about a fifth this year.
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