Latin American Airlines Weigh Venezuela Expansion as ALTA Cites Recovery Hurdles

LATAM Airlines Group reported a 16% increase in third-quarter net income to AU$631 million, with revenue up 18.4% to AU$6.6 billion. Despite a 52% rise in fuel costs, adjusted EBITDA reached AU$1.6 billion. The company expects 2026 revenue of AU$25.2–25.5 billion and adjusted EBITDA of AU$5.6–5.8 billion. LATAM also announced fleet expansions and recent awards.

LATAM Airlines reduced its full-year adjusted EBITDA forecast to $3.9B-$4.05B due to rising fuel costs, though it raised its 2026 revenue outlook to $17.6B-$17.8B. Q3 revenue was $4.57B, with adjusted EBITDA of $1.10B, and net profit rose 16% to $441M. The company is trimming capacity growth as fuel prices remain high.

LATAM AIRLINES GROUP S.A. (LTM) furnished an SEC Form 6-K — earnings release. 3Q 2026 Results LATAM delivers 12.5% Adj. Operating Margin with revenues up 18.4% YoY, amid elevated fuel prices Santiago, Chile, November 3, 2026 – LATAM Airlines Group S.A. (NYSE: LTM; SSE: LTM) announced today its consolidated financial results for the third quarter ending Sep

Air Canada and United Airlines proposed expanding their joint business arrangement, but Canada's Competition Bureau warns it would reduce competition and raise prices on 10 cross-border routes. The airlines argue the deal would improve connectivity and offer more options for customers. Transport Minister Steven MacKinnon will decide whether to approve the arrangement.

Brazil's competition authority, CADE, is reviewing Alcoa's proposed $4.1 billion acquisition of South32's bauxite, alumina, and primary aluminum business, which includes mining and production assets in Brazil, Australia, and South Africa.

American Airlines (AAL) shares have dropped 18.5% in three months, trading at $12.58, 30.7% below July high. The stock is cheap relative to sales but has low profit margins. Management blames higher fuel costs for reduced operating income. Analysts expect Q4 revenue growth but another loss.