LATAM Airlines Group (NYSE:LTM) reported a robust fourth-quarter profit on Wednesday, capping a record-breaking fiscal year that saw the South American carrier solidify its post-bankruptcy recovery with a 50% surge in annual net income.
The Santiago-based airline reported fourth-quarter net income of $484.3 million, or $1.69 per share.
Revenue for the period reached $3.95 billion, representing a significant 18% year-over-year increase, driven by a 10.9% jump in capacity and a record December that saw the group transport 7.9 million passengers.
For the full year 2025, LATAM generated a profit of $1.46 billion on total revenue of $14.49 billion, benefiting from a sustained rebound in international travel and aggressive domestic expansion in Brazil.
The airline’s "disciplined growth" strategy led to an adjusted operating margin of 16.2% for the year.
Looking ahead to 2026, LATAM issued bullish guidance, projecting an increase in passenger operations between 8% and 10% and an operating margin expansion to as high as 17%.
The company plans to take delivery of 41 new aircraft this year—including Boeing 787 Dreamliners and its first Embraer E195-E2 jets—as it targets 11% to 13% growth in international markets.