LATAM Airlines Group S.A. (LTM) Reports Strong Performance for June, Finalizes $800 Million Refinancing

Trading at a low P/E multiple with potential upside for investors, LATAM Airlines Group S.A. (NYSE:LTM) is among the 14 Cheap Transportation Stocks to Buy According to Analysts.

With the help of strong performance, strategic refinancing, and shareholder-focused initiatives, LATAM Airlines Group S.A. (NYSE:LTM) is demonstrating its efforts to strengthen its operational and financial position.

On July 9, 2025, LATAM Airlines Group S.A. (NYSE:LTM) reported strong 10.7% YoY capacity growth for June 2025. This growth was driven by growth in the Brazilian market and international routes. Meanwhile, the airline’s passenger traffic increased by 10.2%, reaching 7 million passengers, and cargo capacity improved by 5.2%, helping the company achieve a load factor of 83.8%.

With the goal to enhance its capital structure, LATAM Airlines Group S.A. (NYSE:LTM) finalized an $800 million private offering of 7.625% Senior Secured Notes on July 8, 2025, due 2031. The company will use the proceeds to fully redeem its 13.375% notes due 2029 to free itself of the interest burden.

Further improving investor confidence is its second share repurchase program, approved on June 26, 2025. This authorizes the buyback of up to 3.4% of outstanding shares, which equals 20.5 billion shares. This approval remains effective for 18 months from the date of the Extraordinary Shareholders’ Meeting.

LATAM Airlines Group S.A. (NYSE:LTM) offers passenger and cargo air transportation services. It operates all across the globe. It is on the list of cheap transportation stocks.

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