LATAM Airlines expects 'record' net earnings in 2023 after posting stronger second-quarter results and improved forecasts, company executives said on Wednesday, hoping to bolster investor confidence after the company's exit from bankruptcy in November.
A Latam Airlines airplane is seen at Guarulhos International Airport amid the outbreak of the coronavirus disease , in Guarulhos, near Sao Paulo, Brazil, May 19, 2020. REUTERS/Amanda Perobelli
The company on Wednesday also raised its 2023 forecasts for adjusted earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs to between $2.35 billion and $2.50 billion from $2 billion-$2.2 billion LATAM Airlines, South America's largest airline, operates units across the continent, with routes across the world.
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