Carrier LATAM raises core earning outlook on strong Q1, stable demand
MEXICO CITY, April 28 (Reuters) - LATAM Airlines on Monday hiked its estimated core earnings for the year, citing strong first-quarter results and stable demand.
The Chilean carrier bumped up its annual outlook for earnings before interest, taxes, depreciation, amortization and rental costs (EBITDAR) to between $3.4 billion and $3.75 billion, from an earlier estimate of $3.25 billion to $3.6 billion.
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