S&P Global Upgrades LATAM Airlines Credit Rating to BB+
What happened
S&P Global Ratings raised LATAM Airlines Group to BB+ on September 21, 2026. The previous rating was BB, and the outlook is stable. The agency cited strong performance in the first half of 2026, despite significant market volatility, which was primarily driven by jet fuel prices.
From riotimesonline.com
Why it matters
The upgrade signals a resilient business model and competitive cost base for LATAM Airlines. The company managed to lift passenger revenue by 27.9% in the second quarter, even as fuel prices ran about 80% above a year earlier, by passing costs to travelers.
From riotimesonline.com
Who's involved
- LATAM AirlinesAirline group operating passenger and cargo services in Brazil, Chile, Colombia, Ecuador, and Peru
- International Air Transport AssociationInternational trade association where LATAM Airlines holds a formal governance role
- AlvoServes as the CEO of LATAM Airlines Group
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- LATAM AirlinesSpeculative
LATAM Airlines might gain improved access to funding due to the credit rating upgrade.
- Renaissance TechnologiesSpeculative
Renaissance Technologies might alter its investment strategies following the improved financial profile of LATAM Airlines.
Keep exploring
The entities involved
-
LATAM Airlines
airline of Chile
Nothing else this week.
-
investing.com
Online finance portal