6-K 1 s109613_6k.htm 6-K

 

 

 

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 9, 2018

 

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  ¨

 

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):  ¨

 

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):  ¨

 

 

 

(LATAM LOGO) 

 

LATAM Airlines Group reports preliminary monthly statistics for March 2018

 

Santiago, Chile, April 9, 2018– 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 March 2018 compared to March 2017.

 

System passenger traffic increased 4.4%, while capacity rose by 2.8%. As a result, the Company’s load factor for the month increased 1.3 percentage points to 87.2%. International passenger traffic accounted for approximately 58% 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.

 

    

March

         Year to Date by March      
    

2018

    2017    % Change    2018    2017    % Change 
                      
LATAM AIRLINES PASSENGER OPERATIONS                     
                               
REVENUE PASSENGER KILOMETERS (million)
SYSTEM   9,784    9,375    4.4%   30,384    29,325    3.6%
DOMESTIC SSC (1)   1,634    1,534    6.5%   5,274    5,036    4.7%
DOMESTIC BRAZIL (2)   2,506    2,457    2.0%   7,608    7,455    2.1%
INTERNATIONAL (3)   5,644    5,384    4.8%   17,503    16,835    4.0%
                               
AVAILABLE SEAT KILOMETERS (million)           
SYSTEM   11,620    11,306    2.8%   35,619    34,613    2.9%
DOMESTIC SSC (1)   1,992    1,932    3.1%   6,306    6,134    2.8%
DOMESTIC BRAZIL (2)   3,121    3,067    1.8%   9,249    9,077    1.9%
INTERNATIONAL (3)   6,507    6,307    3.2%   20,064    19,403    3.4%
                               
PASSENGER LOAD FACTOR           
SYSTEM   84.2%   82.9%   1.3 pp    85.3%   84.7%   0.6 pp 
DOMESTIC SSC (1)   82.0%   79.4%   2.7 pp    83.6%   82.1%   1.5 pp 
DOMESTIC BRAZIL (2)   80.3%   80.1%   0.2 pp    82.3%   82.1%   0.1 pp 
INTERNATIONAL (3)   86.7%   85.4%   1.4 pp    87.2%   86.8%   0.5 pp 
                               
PASSENGERS BOARDED (thousand)
SYSTEM   5,611    5,416    3.6%   17,286    16,685    3.6%
DOMESTIC SSC (1)   1,878    1,750    7.3%   5,878    5,571    5.5%
DOMESTIC BRAZIL (2)   2,341    2,341    0.0%   7,098    6,996    1.5%
INTERNATIONAL (3)   1,392    1,326    5.0%   4,310    4,118    4.7%

 

LATAM AIRLINES CARGO OPERATIONS      
                   
REVENUE TON KILOMETERS  (Cargo) (million)
SYSTEM   306    270    13.6%   882    810    8.8%
                               
AVAILABLE TON KILOMETERS (Cargo) (million)
SYSTEM   528    503    4.9%   1,610    1,533    5.0%
                               
CARGO LOAD FACTOR                              
SYSTEM   58.1%   53.6%   4.4 pp    54.8%   52.9%   1.9 pp 

 

 

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.

Investor Relations

InvestorRelations@latam.com

Tel: (56-2) 2565-8765

www.latamairlinesgroup.net

 

 

 

 

(LATAM LOGO) 

 

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 137 destinations in 24 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 1,300 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 315 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 three worldwide to be part of the Dow Jones Sustainability ‘World’ Index. In 2017, it was recognized by the index for sustainable practices, based on economic, social and environmental criteria, for the fourth 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.

 

 

 

 

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 9, 2018       LATAM AIRLINES GROUP S.A.
       
        By:   /s/ Ramiro Alfonsín
        Name:   Ramiro Alfonsín
        Title:   Chief Financial Officer