LATAM announces its operational and financial projections for 2026

LATAM Airlines Group announced its financial and operational projections for 2026, maintaining its focus on continued profitable growth. 

LATAM, in turn, expects its EBITDA (adjusted earnings before interest, taxes, depreciation, and amortization) to increase to between US$4.2 billion and US$4.6 billion by 2026, representing an increase from this year's guidance of US$4 billion to US$4.1 billion. The group also projects an adjusted unit cost of passenger operations, excluding fuel, of between 4.3 and 4.5 cents.

Specifically in terms of operations, for the Brazilian subsidiary's domestic market, an increase in operations of between 6% and 8% is projected, while for the domestic markets of the Chilean, Colombian, Ecuadorian, and Peruvian subsidiaries, the expected increase is between 5% and 7%. In the international market, growth would be between 11% and 13%.

“The operational and financial projections we are releasing today reflect the results of LATAM’s unique business model, which allows us to aspire to achieve solid and sustainable financial results over time. Looking ahead, we will continue working to maintain our disciplined execution and cost control. We will also remain focused on improving the customer experience and investing in technologies that simplify their journey and allow the LATAM Group to operate in an even more sustainable manner,” stated Roberto Alvo, CEO of LATAM Airlines Group.

By 2026, LATAM projects leveraged cash flow generation of more than US$1.7 billion.

Finally, LATAM expects an adjusted net leverage ratio (total net debt/adjusted EBITDA) at or below 1.4x and expects to have liquidity of more than US$5 billion at the end of next year, reflecting a strong capital structure and liquidity.

Source: LATAM