LATAM Airlines expect 2014 results to improve over last year

Speaking at an International Air Transport Association conference in Santiago, Enrique Cueto chief executive officer of LATAM Airlines said that the airline will see an improved performance this year compared to last. “We are going to improve, compared to 2013, and that’s the important thing,” Cueto said. The company expects its real balance sheet exposure to be reduced to about $500 million by June versus $2 billion in December 2013.