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Ricardo Bottas

Chief Financial Officer, LATAM Airlines Group S.A.

Search every verified Ricardo Bottas interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Ricardo Bottas, Chief Financial Officer of LATAM Airlines, discussed the company's second-quarter earnings in an August 2026 interview, noting a 28% year-over-year revenue increase. He attributed the results to the company's structural strength, stating that LATAM remained profitable despite an 81% surge in jet fuel prices and $800 million in additional fuel-related costs. The company reported $125 million in net income and a 5.4% adjusted operating margin for the quarter. Bottas also highlighted growth in the company's loyalty and premium segments, saying that LATAM Pass members generated 67% of passenger revenues and that elite membership increased 26% year over year. He stated that the premium cabin segment now accounts for 29% of passenger revenues. Regarding fleet expansion, Bottas said LATAM expects 41 aircraft deliveries this year, including the first 12 Embraer E2 jets, and has more than 130 aircraft in its order book over the next five years. He said the company plans to maintain its investment strategy despite cost pressures.

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