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LATAM Airlines Sees 11.1% Passenger Growth in October 2024

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LATAM Airlines Group, based in Chile, reported strong passenger growth for October 2024, with a total of 7.1 million passengers, reflecting an 11.1% increase compared to the previous year. The airline also saw Revenue Passenger Kilometers (RPKs) rise by 14.9% and Available Seat Kilometers (ASKs) by 14.8%. Additionally, the Passenger Load Factor (PLF) held steady with a slight increase of 0.1 points to 85.7%, indicating high seat occupancy across LATAM’s…

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LATAM Airlines Group Posts 7.6% Revenue Growth in 3Q 2024

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LATAM Airlines Group, based in Chile, announced a 7.6% increase in total operating revenues for the third quarter of 2024, reaching $3.28 billion. The airline also reported a net income of $301 million and maintained a liquidity position of approximately $3.6 billion, reflecting a stable financial standing in an evolving aviation landscape.

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Roberto Alvo of LATAM Airlines Appointed as ALTA Executive Chair

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The Latin American and Caribbean Air Transport Association (ALTA) has named Roberto Alvo, CEO of LATAM Airlines, as the new chair of its Executive Committee for the 2024-2025 period. Alvo, a seasoned leader in the aviation industry, is expected to bring a strategic vision to ALTA’s initiatives focused on sustainable and efficient growth within Latin…