LATAM Airlines (LTMAY) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
LATAM Airlines Group has reported a significant increase in passenger numbers, with over 32.8 million travelers flown from January to May 2024, marking a 16.6% rise compared to the previous year. The growth is attributed to robust domestic performance in South American markets and a substantial 30.6% jump in international travel. Additionally, May saw an 11.2% increase in passengers and a notable boost in cargo capacity, with the airline’s load factors also showing an upward trend.
For further insights into LTMAY stock, check out TipRanks’ Stock Analysis page.