May 8, 2018 / 8:30 PM / 6 months ago

LATAM Airlines first quarter profit beats expectations

SANTIAGO, May 8 (Reuters) - Chile-based LATAM Airlines posted first-quarter net income of $94 million on Tuesday, up 43 percent from a year earlier and beating analysts’ expectations for profit of $71 million.

LATAM maintained its forecast for an operating margin of between 7.5 percent and 9.5 percent for 2018. (Reporting by Antonio De La Jara and Felipe Iturrieta, Editing by Rosalba O’Brien)

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