LATAM Airlines Group S.A.

LATAM Airlines Group S.A. Earnings Recaps

LTM 1 recap
Q3 2025 Nov 18, 2025

LATAM Airlines Group delivered a robust performance in Q3 2025, showcasing strong operational metrics and financial growth, highlighted by significant increases in passenger revenues and successful cost management.

Key takeaways
  • Transported over 22.9 million passengers, achieving a consolidated load factor of 85.4%.
  • Adjusted operating margin expanded to 18.1%, with adjusted EBITDAR reaching $1.15 billion and net income of $379 million.
  • Executed a second share repurchase program totaling $433 million, reflecting strong capital allocation discipline.
  • Announced acquisition of up to 74 Embraer E2 aircraft to enhance regional connectivity and improve fuel efficiency by 30%.
  • Passenger unit revenues increased by 8.4% year-over-year, demonstrating effective strategic execution and customer loyalty.
Full recap