LATAM: 2Q Earnings Snapshot
SANTIAGO, Chile (AP) _ LATAM Airlines Group SA (LTMAQ) on Wednesday reported a loss of $890 million in its second quarter.
The Santiago, Chile-based company said it had a loss of $1.47 per share. Losses, adjusted for restructuring costs, came to 83 cents per share.
The airline posted revenue of $441.7 million in the period.
The company’s shares closed at $1.66. A year ago, they were trading at $8.69.