• LATAM Airlines Group S.A average operating margin for 2023 was 5.72%, a 119.8% increase from 2022.
• LATAM Airlines Group S.A average operating margin for 2022 was -28.89%, a 69.86% decline from 2021.
• LATAM Airlines Group S.A average operating margin for 2021 was -95.84%, a 81.83% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.