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Posted by
Two Blokes May 4 -
Filed in
Stock
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3 views
LATAM Airlines emerged from Chapter 11 and gained 17%, outperforming the S&P 500's 3.2% loss, supporting my buy rating. First quarter revenues rose 2.7% to $3.4 billion, with impressive profit margins and favorable cost developments despite market challenges. LATAM raised its full-year guidance, showing confidence in operational improvements, with expected margins of 13%-15% and lower net debt.
