Capacity cuts to international markets and improved performance in Brazil helped push LATAM Airlines Groups profit up 50% year-over-year in the third quarter to $86.3 million.Capacity cuts to international markets and improved performance in Brazil helped push LATAM Airlines Groups profit up 50% year-over-year in the third quarter to $86.3 million.The profits follow a troubling first half of 2019 for LATAM. The airline racked up nearly $123 million in losses during the first six months of the year. This improvement reflects a proactive capacity management across our international markets and healthy domestic demands, says LATAM chief financial o <a href=https://www.stanleymugs.us>stanley cup</a> fficer Ramiro Alfonsin, during the companys earnings call on 13 November. Capacity adjustments in our international markets are bearings results. The results come despite notable challenges in several countries in which LATAM operates, including Argentina and LATAMs home country of Chile. Social unrest in Chile will likely cost the airline company $30 million in the fourth quarter, it predicts.As a result, LATAM now projects it will have a full-year operating margin of 7% 鈥?at the low end of its previous 7-9% guidance.LATAM cut capacity on some international routes this year in response to difficult economic and social conditions. It slashed capacity to Argentina by about 20%, it says.The companys third quarter operating revenue jumped <a href=https://www.cups-stanley.ca>stanley canada</a> 6.9% <a href=https://www.stanley-cup.com.de>stanley cup becher</a> year-on-year to $2.7 billion. Passenger revenue was up 11% and cargo revenue was down nearly 1 Qxrf FBI arrests Waterville man for wide-ranging violent threats on YouTube
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