Latam Airlines upgrades earnings outlook at investor day event
ReutersOct 22, 2024 5:23 PM
(Reuters) - Latam Airlines revised its guidance for 2024 EBITDAR, or earnings before interest, taxes, depreciation and amortization and rent costs, upward on Tuesday to between $3.0 and $3.15 billion.
The company, which hosted an investors day event at the New York Stock Exchange, had forecast EBITDAR of between $2.75 and $3.05 billion in May.
(Reporting by Brendan O'Boyle; Editing by Aida Pelaez-Fernandez)
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