Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
November 12 2024 - 3:19PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
_________________________________________________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
November 2024
Commission File Number 1-14728
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LATAM Airlines Group S.A.
(Translation of Registrant’s Name Into English)
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Presidente Riesco 5711, 20th floor
Las Condes
Santiago, Chile
(Address of principal executive offices)
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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
LATAM AIRLINES GROUP S.A.
The following exhibit is attached:
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| EXHIBIT NO. | | DESCRIPTION |
| 99.1 | | |
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.
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| Date: November 12, 2024 | LATAM AIRLINES GROUP S.A. |
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| By: | /s/ Andrés del Valle |
| Name: | Andrés del Valle |
| Title: | Vice President Corporate Finance |
LATAM group’s capacity grew by 14.8% in October compared to the same month of 2023
Operating statistics for October 2024
Santiago, November 12, 2024 - During October, LATAM group increased its consolidated capacity, measured in available seat-kilometers (ASK), by 14.8% compared to the same month of 2023. This growth was mainly driven by a 16.5% increase in the group's international operations, as well as a 14.6% increase in LATAM Airlines Brazil's domestic operations, due to the launch of three new domestic routes and the reopening of Porto Alegre airport in October, which has allowed for the gradual resumption of domestic flights to and from that airport.
In terms of consolidated traffic, measured in revenue passenger-kilometers (RPK), there was a 14.9% increase compared to the same period of last year. As a result, the consolidated load factor reached 85.7%.
Furthermore, in October alone, the group transported approximately 7.2 million passengers, an 11.1% increase versus last year. Year-to-date, the group has transported 67.7 million passengers, a 12.3% increase compared to the same period of 2023.
In terms of cargo, LATAM group's capacity, measured in available ton-kilometers (ATK), increased by 13.6% compared to October of last year, reaching 706 million ATK.
The following table summarizes the main operating statistics for the month and year-to-date figures as of October for the main LATAM business segments:
INVESTOR RELATIONS CONTACT INFORMATION
LATAM Airlines Group S.A.
Investor Relations
InvestorRelations@latam.com
Tel: (56-2) 2565-3844
www.latamairlinesgroup.net
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| LATAM GROUP OPERATIONS | October | | Year to Date |
| 2024 | 2023 | % Change | | | | 2024 | 2023 | % Change |
| LATAM GROUP PASSENGER OPERATIONS |
|
| REVENUE PASSENGER KILOMETERS (million) | | | | | | | | |
| SYSTEM | 11,721 | 10,201 | 14.9% | | | | 109,777 | 93,009 | 18.0% |
| DOMESTIC SSC (1) | 1,978 | 1,801 | 9.9% | | | | 18,832 | 16,586 | 13.5% |
| DOMESTIC BRAZIL (2) | 3,455 | 3,000 | 15.2% | | | | 32,462 | 29,665 | 9.4% |
| INTERNATIONAL (3) | 6,288 | 5,401 | 16.4% | | | | 58,483 | 46,758 | 25.1% |
| | | | | | | | | |
| AVAILABLE SEAT KILOMETERS (million) | | | | | | | | | |
| SYSTEM | 13,685 | 11,919 | 14.8% | | | | 130,593 | 112,489 | 16.1% |
| DOMESTIC SSC (1) | 2,424 | 2,195 | 10.5% | | | | 22,996 | 20,354 | 13.0% |
| DOMESTIC BRAZIL (2) | 4,098 | 3,577 | 14.6% | | | | 39,648 | 36,964 | 7.3% |
| INTERNATIONAL (3) | 7,163 | 6,148 | 16.5% | | | | 67,949 | 55,170 | 23.2% |
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| PASSENGER LOAD FACTOR | | | | | | | | | |
| SYSTEM | 85.7% | 85.6% | 0.1p.p | | | | 84.1% | 82.7% | 1.4p.p |
| DOMESTIC SSC (1) | 81.6% | 82.1% | -0.4p.p | | | | 81.9% | 81.5% | 0.4p.p |
| DOMESTIC BRAZIL (2) | 84.3% | 83.9% | 0.4p.p | | | | 81.9% | 80.3% | 1.6p.p |
| INTERNATIONAL (3) | 87.8% | 87.8% | -0.1p.p | | | | 86.1% | 84.8% | 1.3p.p |
| | | | | | | | | |
| PASSENGER BOARDED (thousand) | | | | | | | | | |
| SYSTEM | 7,174 | 6,458 | 11.1% | | | | 67,681 | 60,273 | 12.3% |
| DOMESTIC SSC (1) | 2,703 | 2,486 | 8.7% | | | | 25,711 | 22,670 | 13.4% |
| DOMESTIC BRAZIL (2) | 3,040 | 2,771 | 9.7% | | | | 28,727 | 27,096 | 6.0% |
| INTERNATIONAL (3) | 1,432 | 1,200 | 19.3% | | | | 13,242 | 10,507 | 26.0% |
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| LATAM GROUP CARGO OPERATIONS | | | | | | | | | |
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| REVENUE TON KILOMETERS (Cargo) (million) | | | | | | | | |
| SYSTEM | 408 | 328 | 24.1% | | | | 3,540 | 3,008 | 17.7% |
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| AVAILABLE TON KILOMETERS (Cargo) (million) | | | | | | | | |
| SYSTEM | 706 | 621 | 13.6% | | | | 6,630 | 5,866 | 13.0% |
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| CARGO LOAD FACTOR | | | | | | | | | |
| SYSTEM | 57.7% | 52.9% | 4.8p.p | | | | 53.4% | 51.3% | 2.1p.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, LATAM Airlines Peru and LATAM Airlines Paraguay. |
INVESTOR RELATIONS CONTACT INFORMATION
LATAM Airlines Group S.A.
Investor Relations
InvestorRelations@latam.com
Tel: (56-2) 2565-3844
www.latamairlinesgroup.net
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 22 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
INVESTOR RELATIONS CONTACT INFORMATION
LATAM Airlines Group S.A.
Investor Relations
InvestorRelations@latam.com
Tel: (56-2) 2565-3844
www.latamairlinesgroup.net
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