LATAM Airlines reported it's consolidated results
LATAM Airlines Group reported operating income of USS114.2 million for first quarter 2013, a 149.8% increase compared to the USD $45.7 million pro forma operating income in first quarter 2012. Operating margin reached 3.4%, an increase of 2.0 points compared to 1.4% in 2012. This result reflects a steady recovery in business operations as we advance in the process of achieving the expected synergies from the merger between LAN and TAM.
Read more...