EX-99.1 2 s107739_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

 

 

LATAM Airlines Group reports preliminary monthly statistics for September 2017

 

Santiago, Chile, October 10, 2017– LATAM Airlines Group S.A. and its subsidiaries, (“LATAM Airlines Group” or “the Company”) (NYSE: LTM / IPSA: LTM), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for September 2017 compared to September 2016.

 

System passenger traffic increased by 3.9%, while capacity rose 2.0%. As a result, the Company’s load factor for the month increased 1.5 points to 86.4%. International passenger traffic accounted for approximately 57% of the month’s total passenger traffic.

 

The following table summarizes traffic figures for the month and includes a year-to-date breakdown for LATAM’s main business units.

                         
   September      Year to Date ending September
   2017  2016  % Change  2017  2016  % Change
                         
LATAM AIRLINES PASSENGER OPERATIONS                
                 
REVENUE PASSENGER KILOMETERS (millions)                
SYSTEM   9,509    9,156    3.9%   85,983    84,755    1.4%
DOMESTIC SSC (1)   1,608    1,555    3.4%   14,205    14,151    0.4%
DOMESTIC BRAZIL (2)   2,487    2,393    4.0%   22,087    23,292    -5.2%
INTERNATIONAL (3)   5,413    5,209    3.9%   49,691    47,312    5.0%
                               
AVAILABLE SEAT KILOMETERS  (millions)                              
SYSTEM   11,012    10,792    2.0%   101,472    100,813    0.7%
DOMESTIC SSC (1)   1,962    1,964    -0.1%   17,500    17,513    -0.1%
DOMESTIC BRAZIL (2)   2,926    2,922    0.2%   26,937    28,384    -5.1%
INTERNATIONAL (3)   6,123    5,907    3.7%   57,034    54,916    3.9%
                               
PASSENGER LOAD FACTOR                              
SYSTEM   86.4%   84.8%   1.5 pp    84.7%   84.1%   0.7 pp 
DOMESTIC SSC (1)   81.9%   79.2%   2.8 pp    81.2%   80.8%   0.4 pp 
DOMESTIC BRAZIL (2)   85.0%   81.9%   3.1 pp    82.0%   82.1%   -0.1 pp 
INTERNATIONAL (3)   88.4%   88.2%   0.2 pp    87.1%   86.2%   1.0 pp 
                               
PASSENGERS BOARDED (thousands)                              
SYSTEM   5,618    5,392    4.2%   49,533    49,897    -0.7%
DOMESTIC SSC (1)   1,940    1,872    3.6%   16,663    16,846    -1.1%
DOMESTIC BRAZIL (2)   2,374    2,273    4.4%   20,853    21,778    -4.2%
INTERNATIONAL (3)   1,303    1,246    4.6%   12,017    11,273    6.6%
                               
LATAM AIRLINES CARGO OPERATIONS                              
                               
REVENUE TON KILOMETERS  (Cargo) (millions)                              
SYSTEM   285    279    2.3%   2,462    2,495    -1.3%
                               
AVAILABLE TON KILOMETERS (Cargo) (millions)                              
SYSTEM   501    538    -6.9%   4,589    5,001    -8.2%
                               
CARGO LOAD FACTOR                              
SYSTEM   57.0%   51.8%   5.1 pp    53.7%   49.9%   3.8 pp 

   

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.

Investor Relations

InvestorRelations@latam.com

Tel: (56-2) 2565-8765

www.latamairlinesgroup.net

 

 

 

 

 

 

About LATAM Airlines Group S.A.

 

LATAM Airlines Group is Latin America’s leading airline group with one of the largest route networks in the world, offering air About LATAM Airlines Group S.A.

 

LATAM Airlines Group is Latin America’s leading airline group with one of the largest route networks in the world, offering air services to around 140 destinations in 25 countries, and is present in six domestic markets in Latin America: Argentina, Brazil, Chile, Colombia, Ecuador and Peru, in addition to its international operations in Latin America, Europe, the United States, the Caribbean, Oceania and Africa.

 

The company is employing over 43,000 people worldwide, operating more than 1,200 flights per day and transporting 67 million passengers per year.

 

LATAM Airlines Group has one of the youngest and most modern fleets in the world. Its 322 aircraft average an age of approximately seven years and feature the latest variants, including the Boeing 787, Airbus A350, A321 and A320neo.

 

LATAM Airlines Group (formerly LAN Airlines) comprises subsidiaries in Peru, Argentina, Colombia and Ecuador as well as LATAM CARGO and its subsidiaries; in addition to TAM S.A and its subsidiaries, TAM Linhas Aéreas S.A. (LATAM Airlines Brasil) and its business units TAM Transportes Aéreos Del Mercosur S.A. (LATAM Airlines Paraguay) and Multiplus S.A.

 

LATAM is the brand adopted by LATAM Airlines Group member airlines, and is being rolled-out in its products and services as part of a gradual integration plan.

 

LATAM Airlines Group is the only airlines group in Latin America and one of two worldwide to be part of the Dow Jones Sustainability ‘World’ Index. In 2016, it was recognized by the index for sustainable practices, based on economic, social and environmental criteria, for the third consecutive year.

 

LATAM Airlines Group shares are traded on the Santiago Stock Exchange, and the New York Stock Exchange in the form of ADRs.

 

For any commercial or brand related query, visit www.latam.com. Further financial information is available via www.latamairlinesgroup.net.

  

Notes

 

(1)Domestic SSC = Domestic passenger operations in Spanish speaking countries carried by LAN. Passenger statistics include domestic operations in Chile, Peru, Argentina, Ecuador and Colombia.

(2)Domestic Brazil = Domestic passenger operations of TAM in Brazil.

(3)International = International passenger operations of LAN and TAM.