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LATAM Airlines posts net loss of US$46.1m for Q4

Revenue drop, forex loss from real's depreciation cited
Wednesday, March 19, 2014 - 06:00

[SANTIAGO] LATAM Airlines posted a net loss of US$46.1 million for the fourth quarter due to a drop in revenue and a foreign exchange loss stemming from the Brazilian real's depreciation, the company said.The loss was well short of forecasts for a US$2.4 million profit in a Reuters poll.The

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