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LATAM Airlines Group Reports an Operating Margin of 9.2% and Net Income of US$160.6 Million for Third Quarter 2017
November 15, 2017
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Santiago, Chile, November 15, 2017 – LATAM Airlines Group S.A. (NYSE: LTM; IPSA: LTM), the leading airline group in Latin America, announced today its consolidated financial results for the third quarter ending September 30th, 2017. "LATAM" or "the Company" makes reference to the consolidated entity, which includes passenger and cargo airlines in Latin America. All figures were prepared in accordance with International Financial Reporting Standards (IFRS) and are expressed in U.S. dollars. The Brazilian real / US dollar average exchange rate for the quarter was BRL 3.16 per USD.