LATAM Airlines Reports Q2 Net Profit Up 66%, Updates Guidance

Chile's Latam Airlines has reported a Q2 net profit of $355.29 million, up 66% from the same period last year. The airline has also updated its guidance, citing stable demand and strong operating performance. The company's Q1 net profit was $355.29 million, with revenue up 34% year-over-year. Latam Airlines has attributed its success to increased passenger demand and higher fares.