INTERVIEW-LATAM Airlines sees Brazil recovery in second half


Reuters

By Antonio De la Jara and Rosalba O'BrienSANTIAGO, March 20 (Reuters) - LATAM Airlines <LAN.SN>
<LFL.N> expects to see a recovery in its key Brazilian market in
the second half of 2017 as it pares its fleet and rolls out a
low-cost model in Chile to remain competitive, its chief
executive said on Monday.
    Battered by Brazil's recent economic downturn, Latin
America's largest airline does not expect a return to its former
investment grade status much before 2019, Enrique Cueto told
Reuters in an interview in Santiago.

 (Reporting by Rosalba O'Brien; Editing by Cynthia Osterman)
 ((rosalba.obrien@thomsonreuters.com, Twitter: @rosalbaob; +56 2
23704250; Reuters Messaging:
rosalba.obrien.thomsonreuters.com@reuters.net))

Keywords: LATAM AIRLINES INTERVIEW/ (INTERVIEW, PIX)



This article appears in: Economy , Stocks , World Markets , World Markets , Stocks
Referenced Symbols: LAN , LFL


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