In 2023, LATAM Airlines Group's operating expenses amounted to 10.6 billion U.S. dollars. This was roughly a 10 percent increase in comparison to the previous year. The coronavirus pandemic severely affected the aviation industry, and the Chilean-based airline group was not an exception. Between 2019 and 2020, the expenses dropped by 61 percent due to the company's disrupted domestic and international operations.
Operating expenses of LATAM Airlines Group from 2014 to 2023
(in million U.S. dollars)
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LATAM Airlines. (April 11, 2024). Operating expenses of LATAM Airlines Group from 2014 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1096991/latam-airlines-operating-expenses/
LATAM Airlines. "Operating expenses of LATAM Airlines Group from 2014 to 2023 (in million U.S. dollars)." Chart. April 11, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1096991/latam-airlines-operating-expenses/
LATAM Airlines. (2024). Operating expenses of LATAM Airlines Group from 2014 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1096991/latam-airlines-operating-expenses/
LATAM Airlines. "Operating Expenses of Latam Airlines Group from 2014 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 11 Apr 2024, https://www.statista.com/statistics/1096991/latam-airlines-operating-expenses/
LATAM Airlines, Operating expenses of LATAM Airlines Group from 2014 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1096991/latam-airlines-operating-expenses/ (last visited November 21, 2024)
Operating expenses of LATAM Airlines Group from 2014 to 2023 (in million U.S. dollars) [Graph], LATAM Airlines, April 11, 2024. [Online]. Available: https://www.statista.com/statistics/1096991/latam-airlines-operating-expenses/