LATAM Airlines Group SA Sponsored ADR ( (LTM) ) has released its Q4 earnings. Here is a breakdown of the information LATAM Airlines Group SA Sponsored ADR presented to its investors.
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LATAM Airlines Group SA is a leading airline conglomerate in Latin America, operating in five domestic markets, with a robust international presence. The company is known for its extensive network and diverse fleet, which includes both passenger and cargo aircraft.
In its latest earnings report, LATAM Airlines Group announced a record-setting year, with adjusted EBITDAR exceeding $3.1 billion and net income reaching $977 million. The company also reported a significant capacity growth of 15.1%, reflecting its strong operational performance and strategic expansion.
The key highlights from LATAM’s financial performance include a 10.6% increase in total revenues, reaching $13.034 billion, and an impressive adjusted operating margin of 12.7%. The cargo segment experienced a notable turnaround with a 12.2% revenue increase, while passenger operations remained efficient with an adjusted passenger CASK ex-fuel at $4.2 cents. The company also strengthened its capital structure by reducing its net leverage to 1.7x and enhancing liquidity to 27.1% of last twelve months’ revenues.
LATAM’s operational achievements were complemented by strategic milestones, such as the introduction of a sustainability-linked loan and recognition as the most sustainable airline in the Americas by S&P Global. The airline’s punctuality and customer satisfaction scores further underscored its commitment to excellence.
Looking forward, LATAM Airlines Group remains focused on maintaining financial discipline and operational efficiency. The company plans to continue its digital transformation and fleet modernization initiatives, positioning itself for sustained growth and enhanced shareholder value in 2025 and beyond.
