- Latam Airlines reported a 14.2% increase in revenue passenger kilometers (RPK) in September 2024, indicating a strong demand for their services.
- The airline transported 6.76 million passengers during the month, showing a healthy growth in passenger numbers.
- The available seat kilometers (ASK) also rose by 14.3%, reflecting an increase in capacity to meet rising demand.
- The load factor for the airline was 84.2%, signifying efficient aircraft utilization and high occupancy rates.
- Analyst sentiment is positive, with 9 buy ratings, no hold, or sell ratings for Latam Airlines.
A look at Latam Airlines Group SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
The long-term outlook for LATAM Airlines Group S.A. according to Smartkarma Smart Scores suggests a positive trajectory. With a growth score of 4, the company is positioned well for future expansion and development. This indicates that LATAM Airlines Group SA is likely to see strong growth potential in the foreseeable future. While the value, dividend, resilience, and momentum scores are more moderate, the high growth score signifies a promising outlook for the airline.
LATAM Airlines Group S.A. is an airline providing a range of domestic and international flight services. The company serves various destinations across Chile, South America, the Caribbean, Europe, North America, and the Pacific, offering both passenger and cargo services. With a solid growth score of 4 as per Smartkarma Smart Scores, LATAM Airlines is expected to experience substantial growth opportunities in the long term, indicating a promising future for the airline’s expansion and operations.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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