LATAM Airlines forecasts 2026 adjusted EBITDA of USD 3.9 billion-4.05 billion
LTM•LATAM Airlines forecast 2026 adjusted EBITDA of US$3.9 billion to US$4.05 billion, revenue of US$17.6 billion to US$17.8 billion and an adjusted operating margin of 10.5%-11.5%.
1. 2026 outlook
LATAM Airlines updated its 2026 guidance on November 3, forecasting adjusted EBITDA of US$3.9 billion to US$4.05 billion, revenue of US$17.6 billion to US$17.8 billion and an adjusted operating margin of 10.5%-11.5%. The outlook assumes average jet fuel prices of US$155 per barrel, rising to US$180 in the fourth quarter. Third-quarter fuel costs increased 60.9% to US$1.57 billion, with approximately 80% of higher fuel costs passed through; adjusted EBITDA fell 4.7% to US$1.1 billion despite revenue growth of 18.4%.
