Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter in 2018, Mark was a reporter and data analyst for Air Transport World.
Santiago, Chile-based LATAM Airlines Group reported a $155.3 million net profit for 2017, more than doubling the group’s $69.2 million in net income in 2016, on the back of the company’s highest full-year operating income ($715 million, up 25.8% from 2016) since its formative merger six years ago. LATAM met its operating margin guidance for the year, reaching 7%, up from 6% in 2016.
Santiago-based LATAM Airlines Group reported a $155.3 million net profit for 2017, more than doubling the group’s $69.2 million net income in 2016, on the back of the company’s highest full-year operating income ($715 million, up 25.8% from 2016) since its formative merger six years ago.
At the 2018 two-month mark, Airbus leads rival Boeing in new commercial aircraft orders with 60 firm bookings valued at approximately $13.3 billion at list prices; Boeing has booked 47 new orders valued at $10.1 billion.
