Embraer S.A.EMBJ
Mentioned
Impact on stocks 2
Aerospace & Aviation
Embraer S.A.Industrials
LATAM Airlines Group S.A.LTM
Mentioned
LATAM Airlines Group raises 2026 outlook and authorizes buyback after profitable quarter
EarningsCorporate Action
LATAM Airlines Group reported a profitable second quarter of 2026 despite an over 80% year-over-year surge in fuel prices, and raised its full-year outlook while authorizing a share buyback of up to 5% of its shares. Total revenue rose nearly 28% to about $4.2 billion, and the adjusted operating margin reached 5.4%, at the higher end of management's prior expectation. The company now expects adjusted EBITDA of $4.1 billion to $4.4 billion, revenue of $17.3 billion to $17.7 billion, and capacity growth of 9% to 10% for the full year. LATAM also announced that its Brazilian unit will receive its first 12 Embraer E-Jet E2 aircraft in late 2026, supporting 42 domestic routes and potentially up to 18 new bases from 2027. The airline ended the quarter with more than $4.2 billion in liquidity and adjusted net leverage of 1.5 times.
Embraer S.A.LATAM Airlines Group S.A.