Cargo takes hit at LATAM Group

Air

Wednesday, March 20, 2013

With LATAM Airlines Group three years away from the full integration of LAN and TAM operations — officials estimate a target of June 2016 — the company is still attempting to harmonize programs between the two Latin American carriers, standardizing processes and renegotiating contracts. The cargo business, however, is now fully integrated. Fourth-quarter 2012 cargo revenues for the LATAM Airlines Group finished at $37.89 million, a 3-percent, year-over-year decline. ...

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