LATAM Airlines Cuts Core Earnings Outlook as Fuel Costs Squeeze Margins
LATAM cut its core earnings outlook for the year as higher fuel prices squeezed margins, while raising its revenue projection after strong travel demand lifted third-quarter sales.
LATAM Airlines BCS:LTM cut its core earnings outlook for this year on Tuesday as soaring fuel prices squeezed margins, though it raised projected revenues after strong travel demand lifted third-quarter sales.Latin America's largest airline group said the quarter showed resilient demand for passeng…