Air Transport World

LanChile. (News Briefs: Latin America/Caribbean Report).(1st-quarter earnings report)(Brief Article)

LanChile earned $21.6 million in the first quarter ended March 31, up 26.6% over net income of $17.1 million in the year-ago period. Operating revenues increased 14.2% to $395.8 million, led by a 24.4% rise in cargo revenues to $140.4 million. With operating expenses up only 12.3% to $369.6 million, operating income soared 48.8% to $26.3 million from $17.7 million last year. …

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