LATAM Airlines Resurgent on Upgrades and Rise in Travel Demand
LATAM Airlines Group S.A. (LTM) has witnessed a major resurgence in recent months. LATAM's strong financial performance and strategic enhancements, as well as developments in the Latin American region, position it as a compelling prospect.In first-quarter 2025, the airline reported revenues of $3.41 billion, marking a 2.7% year-over-year rise, driven by a 1.6% uptick in passenger revenues and a notable 9.8% jump in cargo revenues. The top line beat the Zacks Consensus Estimate of $3.38 billion. The company ...