LATAM Airlines recorded an operating income of US $48.2 million and an operating margin of 2.1% during the second quarter which is an increase of 2 percentage points compared to the same period in 2016 making the second quarter the strongest in recent LATAM history. During the second quarter of 2017, total revenues reached US$2,273.7 million, an improvement of 7.7%. This increase is mainly explained by a 10.6% increase in passenger revenues, as a result of significant improvements in yields across all LATAM markets and the appreciation of local currencies, especially the Brazilian Real. The Group has implemented its new

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