0001628280-24-015327.txt : 20240409 0001628280-24-015327.hdr.sgml : 20240409 20240408185426 ACCESSION NUMBER: 0001628280-24-015327 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240409 DATE AS OF CHANGE: 20240408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LATAM AIRLINES GROUP S.A. CENTRAL INDEX KEY: 0001047716 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14728 FILM NUMBER: 24830763 BUSINESS ADDRESS: STREET 1: PRESIDENTE RIESCO 5711 20TH FLOOR STREET 2: LAS CONDES CITY: SANTIAGO STATE: F3 ZIP: 999999999 BUSINESS PHONE: 5625652525 MAIL ADDRESS: STREET 1: PRESIDENTE RIESCO 5711 20TH FLOOR STREET 2: LAS CONDES CITY: SANTIAGO STATE: F3 ZIP: 999999999 FORMER COMPANY: FORMER CONFORMED NAME: Lan Airlines SA DATE OF NAME CHANGE: 20041015 FORMER COMPANY: FORMER CONFORMED NAME: LAN CHILE SA DATE OF NAME CHANGE: 19990427 FORMER COMPANY: FORMER CONFORMED NAME: CHILEAN AIRLINE SA LANCHILE DATE OF NAME CHANGE: 19971010 6-K 1 latamairlinesgroupsa6-kxop.htm 6-K Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________________________________________
FORM 6-K
_________________________________________________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
April 2024
Commission File Number 1-14728
_________________________________________________________________
LATAM Airlines Group S.A.
(Translation of Registrant’s Name Into English)
_________________________________________________________________
Presidente Riesco 5711, 20th floor
Las Condes
Santiago, Chile
(Address of principal executive offices)
_________________________________________________________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o



LATAM AIRLINES GROUP S.A.
The following exhibit is attached:
1


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: April 8, 2024LATAM AIRLINES GROUP S.A.
By:/s/ Ramiro Alfonsín
Name: Ramiro Alfonsín
Title:CFO
2
EX-99.1 2 latamairlinesgroupoperatin.htm EX-99.1 Document
image.jpg


LATAM group achieves historic operating results in the first quarter of the year, transporting more than 20 million passengers

Operating statistics for March 2024
Santiago, April 8, 2024 - LATAM group noted a historic quarter in terms of operating statistics: capacity (ASK) and passenger traffic (RPK), as well as in the number of passengers transported, according to the March 2024 operating statistics reported today by the group.
In the first three months of the year, LATAM group transported 20.2 million passengers, which represents an increase of 19.4% compared to the same quarter of 2023. This is explained by a 32.5% increase in passengers transported in the international segment, 26.0% in the domestic markets of the affiliates of Chile, Colombia, Ecuador and Peru and 9.1% in the domestic market of the affiliate in Brazil. In March 2024, LATAM group transported 6.7 million passengers, which represents an increase of 16.9% versus the same month of 2023.
Regarding capacity (measured in available seats kilometers - ASK), in the first quarter of 2024, LATAM group increased its consolidated offer by 17.5% compared to the first quarter of 2023, exceeding 2019 levels by 1.2%. Specifically in March, the group increased its consolidated capacity by 17.8%.
Consolidated passenger traffic (measured in revenue passenger kilometers - RPK) grew 22.3% during the first quarter of 2024, compared to the same period of last year. During the month, passenger traffic grew 22.2% compared to the same period of 2023, driven by a 31.1% increase in international demand, 17.1% in domestic demand from affiliates in Chile, Colombia, Peru and Ecuador and 11.8% of the domestic demand of the Brazilian affiliate.
As a result, the consolidated load factor in March reached 83.1%, which represents an increase of 3.0 percentage points compared to the same period of 2023. Notably, the domestic load factor of the Brazilian affiliate increased 5.1 percentage points during this month.
Cargo capacity (measured in available ton kilometers - ATK) LATAM group increased by 13.8% versus March 2023, reaching 655 million available ton-kilometers.
The following table summarizes the operating statistics for the month and the year to date figures as of March 2024 for the main LATAM business segments:







image_0.jpgINVESTOR RELATIONS CONTACT INFORMATION                
LATAM Airlines Group S.A.                                     
Investor Relations                                                    1    
InvestorRelations@latam.com                                
Tel: (56-2) 2565-3844
www.latamairlinesgroup.net

image.jpg

LATAM GROUP OPERATIONSMarchYear to Date
20242023% Change20242023% Change
LATAM GROUP PASSENGER OPERATIONS
REVENUE PASSENGER KILOMETERS (million)
SYSTEM10,7988,83322.2%32,45826,52922.3%
DOMESTIC SSC (1)1,8621,59117.1%5,9114,80723.0%
DOMESTIC BRAZIL (2)3,2252,88511.8%9,5888,8808.0%
INTERNATIONAL (3)5,7104,35731.1%16,95912,84232.1%
AVAILABLE SEAT KILOMETERS (million)
SYSTEM12,98711,02317.8%38,46132,73717.5%
DOMESTIC SSC (1)2,3521,96119.9%7,1545,87121.9%
DOMESTIC BRAZIL (2)3,9523,7714.8%11,85511,3234.7%
INTERNATIONAL (3)6,6845,29126.3%19,45215,54225.2%
PASSENGER LOAD FACTOR
SYSTEM83.1%80.1%3.0p.p84.4%81.0%3.4p.p
DOMESTIC SSC (1)79.2%81.1%-1.9p.p82.6%81.9%0.7p.p
DOMESTIC BRAZIL (2)81.6%76.5%5.1p.p80.9%78.4%2.5p.p
INTERNATIONAL (3)85.4%82.3%3.1p.p87.2%82.6%4.6p.p
PASSENGER BOARDED (thousand)
SYSTEM6,7275,75316.9%20,23516,95419.4%
DOMESTIC SSC (1)2,5322,14917.8%7,8516,23026.0%
DOMESTIC BRAZIL (2)2,9102,62610.8%8,5237,8109.1%
INTERNATIONAL (3)1,28497831.3%3,8602,91432.5%
LATAM GROUP CARGO OPERATIONS
REVENUE TON KILOMETERS (Cargo) (million)
SYSTEM35331711.4%1,01490212.5%
AVAILABLE TON KILOMETERS (Cargo) (million)
SYSTEM65557513.8%1,9311,70313.4%
CARGO LOAD FACTOR
SYSTEM53.9%55.0%-1.2p.p52.5%52.9%-0.4p.p

(1) Domestic SSC refers to domestic operations of LATAM Airlines Chile, LATAM Airlines Colombia, LATAM Airlines Ecuador and LATAM Airlines Peru.
(2) Domestic Brazil refers to LATAM Airlines Brazil domestic operations.
(3) International refers to international operations of LATAM Airlines Brazil, LATAM Airlines Chile, LATAM Airlines Colombia, LATAM Airlines Ecuador and LATAM Airlines Peru.



image_0.jpgINVESTOR RELATIONS CONTACT INFORMATION                
LATAM Airlines Group S.A.                                     
Investor Relations                                                    2    
InvestorRelations@latam.com                                
Tel: (56-2) 2565-3844
www.latamairlinesgroup.net

image.jpg

ABOUT LATAM GROUP 
LATAM Airlines Group S.A. and its subsidiaries are the leading airline group in Latin America, with presence in five domestic markets in the region: Brazil, Chile, Colombia, Ecuador and Peru, in addition to international operations within Latin America and to Europe, Oceania, Africa, the United States and the Caribbean.
The group has a fleet of Boeing 767, 777, 787, Airbus A321, A321neo A320, A320neo and A319 aircraft. LATAM Cargo Chile, LATAM Cargo Colombia and LATAM Cargo Brazil are the LATAM group’s cargo subsidiaries. In addition to having access to the bellies of the passenger affiliates' aircraft, they have a fleet of 20 freighters. These cargo subsidiaries have access to the group's passenger aircraft, and operate within the LATAM group network, as well as on exclusive international routes for cargo transportation. In addition, they offer a modern infrastructure and a wide variety of services and support options to meet the needs of its customers.
More financial information at www.latamairlinesgroup.net
www.latam.com


image_0.jpgINVESTOR RELATIONS CONTACT INFORMATION                
LATAM Airlines Group S.A.                                     
Investor Relations                                                    3    
InvestorRelations@latam.com                                
Tel: (56-2) 2565-3844
www.latamairlinesgroup.net
GRAPHIC 3 image.jpg begin 644 image.jpg MB5!.1PT*&@H -24A$4@ !"T !<" 8 !*O4]\ 7-21T( KLX< MZ0 1G04U! "QCPO\804 )<$A9

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end GRAPHIC 4 image_0.jpg begin 644 image_0.jpg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end