LATAM Airlines Posts 2015 Loss Of USD$219 Mln

LATAM Airlines posted a net loss of USD$219.2 million for 2015, saying the sharp depreciation of Brazil's real currency hurt its bottom line.

Chile-headquartered LATAM Airlines said that for the fourth quarter it saw a net loss of USD$16.3 million and that it was reducing its 2016-2018 fleet commitment by USD$2.9 billion.