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(Reuters) – LATAM Airlines (OTC:LTMAY), South America’s largest carrier, sees higher revenue in 2023 compared to last year, according to guidance from the company published in a statement on Thursday.
The Chile-based airline’s revenues are expected to reach between $11 billion and $11.5 billion by the end of this year, compared to $9.5 billion estimated for 2022, while its adjusted EBIT margin is seen at 6%-8% this year, from around 1%, the statement said.
