LATAM Airlines Group registryó a net profit of US $ 242 million in the second quarter of 2025, a growth of 66% for the same period of 2024.
LATAM Airlines Group S.A. announcementó financial and operational results for the second quarter of 2025. In the period, reportó a net profit of US $ 242 million, which represents an increase in 66% in comparisonón with the same personíI smell the añprevious one. This growth is supported by an increase in 7,6% in the Númere passengers transported by the group LATAM, reaching a total of 20,6 millions during the quarter.
With these quarterly results, the accumulated net profit of LATAM In the first semester of 2025 It was almost US $ 597 million, demonstrating a robust financial health and efficient managementón operational, A clear señto the strength of the group model LATAM and of its commercial strategy focused on its customers.
LATAM great utilities in the second semester
In the quarter, LATAM had revenues for US $ 3,279 million, an increase of 8,2% in comparisonón with the same quarter of 2024. Passenger revenues rose to US $ 2,824 million, a raise of 8,5% interannual, while load businesses alsoén took off with US $ 419 million, a 10,2% más that in the second quarter of añor past. At the same time, LATAM reachedó an adjusted operational margin of the 12,9%, Marking the best performance in its history for a second quarter.
And téConsolidated capacity., measurement in seat-kiloómeter available (ASK), the group LATAM registryó a growth of 8,3% Interranual during the quarter, with an occupancy factorón consolidated of 83,5%, 1,2 percentage points más that in equal período de 2024. The extensive group network LATAM continuó attracting passengers who valued the connectivity offered by the group that has 153 destinations in 27 países.
After market prospects, the group LATAM adjustó The projections (guidance) for himñthe complete. And téMurse capacity, The group expects a higher growth in the Dom marketéStatic of the Brazilian subsidiaryña, reflecting an increase from the 7,0%-9,0% a 9,5%-10,5%. At the same time, An adjusted operational margin is expected between 14,0% and 15,0%, superior to the previous range of 13,0% al 15,0%.
Además, elbly (earnings before interest, taxes, depreciation and amortization and rent costs por sus siglas en inglés) adjusted is projected Between US $ 3,650 and US $ 3,850 million, Revised upwards from US $ 3,400 to US $ 3,750 million. Regarding the capital structure, Expectations for adjusted leisure cash flow have increased to Más of US $ 1.3 billion compared to US $ 1.2 billion. Latam reaffirms its projectionón to keep the reasonón of net lace adjusted at or below 1.5x.
“Our results of the second quarter clearly demonstrate the group and financial solidity of the group, así as its ability to function in a macroecon environmentóMico voláTil and uncertain”, I sayó Ricardo Bottas, CFO de LATAM Airlines Group. Aggregateó what “The Latam group maintains a firm commitment to executionón disciplined of a profitable growth strategy, continuously investing in product and service improvements, Focused on initiatives that raise customer experience throughout the group's network.”
At the same time, in the second quarter, LATAM reachedó A adjusted ebitdar of US $ 850 million, which represents a growth of 37,4% versus equal períI smell the añprevious one. LATAM cerró the foríODO with US $ 3.6 billion in liquidity and a level of a adjusted net leverage of 1.6x, even afterés to distribute US $ 445 million to shareholders during the second quarter.
In June, Shareholders approved a new shares repurchase program for up to 3,4% Of the total shares. As part of that program, isá carrying out a second repurchase of actions —for even 2,4% of the actions in circulationócompany numberñía— a través of a prorated mechanism of 30 díAs in the Santiago Stock Exchange, And it is expected to end at the end of July. At the same time, Latam achievedó optimize your financial debt, unrelated, Through a successful refinanceóN of US $ 800 million, reducing interest costs in más de 570 Base points. It is expected that this transacción generates net annual savings of US $ 33 million in interest payments.
Customer experience
In líNEA with your commitment to offer a higher travel experience, The group continuesó investing in the product and in the premium segment, launching their new suites Premium Business throughout the wide fuselage fleet, With suite doors for the first time in Sudamérica, improving comfort and privacy for long distance travelers. in parallel, LATAM announcementó what, from 2026, goá implementing Wi-fi progressively in wide fuselage aircraft. These initiatives will be complementedán with the opening of the new LATAM Lounge on Lima whose official launch beá The first week of August.
The satisfacciócustomer number (Measure by the Net Promoter Score, NPS) remained at positive levels. During the second quarter, The group maintained a Net Promoter Score (NPS) operational of 56 points, equalizing récord reached in the first quarter of 2025. Among the premium passengers, the NPS in increasedó a 60 points.
Regarding connectivity, LATAM AIRLINES BRASIL LANZó Six new Dom routeséStica and Expandió International operations to and from Argentina. Internationally, The LATAM Group Deeeperó Your Joint Venture with Delta Air Lines by including GeographíA from Argentina in the agreement, improving connectivity between Southérich and Northamérica.
During the second quarter, The group receivedó 12 aircraft, including 10 Airbus A320Neo, 1 Airbus A321Neo y 1 Airbus A330 by rent in the short term in líNEA with your fleet plan. Currently, The group has a fleet of 360 aircraft. With this, The Latam Group progresses and has received 14 of the 26 aircraft planned for delivery in 2025.
In June, Latam was awarded nine Skytrax World Airline Awards awards, includingñor consecutive the best airlineínea in Sudamérich and fourth toñor consecutive the best airline personnelínea in Sudamérica. These awards are based on Más de 22 Millions of votes of Massengers of Más de 100 nationalities and reflect not only operational excellence, but alsoén trust, the service and consistency.
