LATAM Airlines Group released its financial and operational projections for 2025 on Tuesday.
The group estimates adjusted EBITDAR (adjusted earnings before interest, taxes, depreciation, amortization, depreciation and leasehold costs) between US$3.25 billion and US$3.6 billion for next year, which represents an increase from this year’s guidance that projects adjusted EBITDAR between US$3.0 billion and US$3.15 billion at the end of 2024.
In turn, LATAM expects passenger operations to grow between 7% and 9% (measured in available seat kilometers – ASK). In the case of the domestic market of the Brazilian subsidiary, an increase of between 6% and 8% is projected, while for the domestic market of the Chilean, Colombian, Ecuadorian and Peruvian subsidiaries, the expected growth is between 4% and 6%. In the international market, the increase would be between 7% and 9%.
→ LATAM restarts flights between Lima and Rosario, Argentina
“Today we are informing the market of our financial and operational projections for the coming year, which are a reflection of the group’s good momentum and long-term work focused on the search for efficiencies and cost containment, always putting the customer at the center of our business,” said LATAM Airlines Group CEO Roberto Alvo.
In line with projections for 2025, LATAM anticipates leveraged cash flow generation of more than US$1 billion, which will be driven by interest savings achieved as a result of debt refinancing. In turn, the group projects an adjusted unit cost of passenger operations excluding fuel between 4.2 to 4.4 cents.
Finally, LATAM indicated that it expects to continue with its adjusted net leverage ratio (total net debt/adjusted EBITDAR) at or below 1.7 times and expects liquidity of more than US$3.9 billion for the coming year, ensuring operational resilience and flexibility for growth.
Related Topics
Korean Air Transforms Retired Airbus A380 into Coveted Collectible Items
Vietjet Doubles Down on A330neo: Orders 20 Additional Aircraft from Airbus
Why an IndiGo Flight Had to Fly Through a Storm Without Being Able to Divert
Starlux Airlines to Connect Taipei and Phoenix Starting in 2026

Un apasionado por la aviación, Fundador y CEO de Aviación al Día.