NEWS LATAM Airlines group cuts costs to see slight increase in profits

LATAM Airlines Group, the leading airline group in Latin America, announced its final financial results for the last quarter which ended on June 30th. The second half of 2015 marks three years since the merger between LAN and TAM, a historical landmark for both airlines to place the company as an industry leader in South America. Due to significant successes throughout the year such as cost savings, negotiations on the Passenger Service System, and the unveiling of the company’s new unified brand, LATAM continues to progress towards its main objective: to strengthen LATAM’s position as the leading airline in Latin America.