Detail akcie Latam Airlines Group SA, Depository Receipt, New York Consolidated online

Business Summary: LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries. It operates through two segments: the Air transportation business and the Coalition and loyalty program Multiplus. It Air transportation segment corresponds to the route network for air transport. Its segment of Coalition and loyalty program called Multiplus is a frequent flyer programs, which operate as a unilateral system of loyalty that offers a flexible coalition system. The Company operates a fleet of over 329 aircrafts. Its passenger aircrafts include Airbus A319-100, Airbus A350-900, Boeing 767-300ER, Boeing 787-8, Boeing 787-9 and Boeing 777-300ER.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, LATAM Airlines Group SA (ADR) revenues increased 24% to $11.64B. Net income decreased 57% to $581.8M. Revenues reflect Passengers segment increase of 34% to $10.22B, Brazil segment increase of 34% to $5.01B, Chile segment increase of 25% to $1.9B. Net income was offset by Net Financial Income/Expense - Other decrease of 88% to $125.4M (income), Distribution costs increase of 38% to $587.3M (expense).