Air Transport World

LanChile. (Latin America/Caribbean report).(Earnings)(Brief Article)

LanChile reported net income of $7.6 million for the third quarter ended Sept. 30, a dramatic turnaround from last year's net loss of $4.9 million and its best third-quarter performance since 1998. The company cited cost-reduction efforts and a focus on alternative markets "to generate additional revenues." It expects to continue to benefit from a lower cost base, new revenue opportunities and the departure of United Airlines from the Chilean market. …

Log in to your account to read this article – and millions more.