6-K 1 s111954_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

 

August 7, 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  ☒             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 Airlines Group reports preliminary monthly statistics for July 2018

 

Santiago, Chile, August 7, 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 July 2018 compared to July 2017.

 

System passenger traffic increased 1.1%, while capacity rose by 3.6%. As a result, the Company’s load factor for the month fell 2.1 percentage points to 84.0%. 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.

 

   July       Year to Date by July     
   2018   2017   % Change   2018   2017   % Change 
                         
LATAM AIRLINES PASSENGER OPERATIONS                 
                               
REVENUE PASSENGER KILOMETERS (million)                 
SYSTEM   10,716    10,599    1.1%   68,195    66,527    2.5%
DOMESTIC SSC (1)   1,845    1,764    4.6%   11,284    10,919    3.3%
DOMESTIC BRAZIL (2)   2,765    2,776    -0.4%   17,322    17,011    1.8%
INTERNATIONAL (3)   6,106    6,060    0.8%   39,590    38,597    2.6%
                               
AVAILABLE SEAT KILOMETERS  (million)                 
SYSTEM   12,751    12,305    3.6%   81,612    78,684    3.7%
DOMESTIC SSC (1)   2,247    2,132    5.4%   13,740    13,453    2.1%
DOMESTIC BRAZIL (2)   3,289    3,272    0.5%   21,539    20,833    3.4%
INTERNATIONAL (3)   7,215    6,901    4.6%   46,333    44,398    4.4%
                               
PASSENGER LOAD FACTOR                 
SYSTEM   84.0%   86.1%   -2.1pp   83.6%   84.5%   -1.0pp
DOMESTIC SSC (1)   82.1%   82.7%   -0.6pp   82.1%   81.2%   1.0pp
DOMESTIC BRAZIL (2)   84.1%   84.8%   -0.8pp   80.4%   81.7%   -1.2pp
INTERNATIONAL (3)   84.6%   87.8%   -3.2pp   85.4%   86.9%   -1.5pp
                               
PASSENGERS BOARDED (thousand)                 
SYSTEM   6,216    6,170    0.7%   38,952    38,083    2.3%
DOMESTIC SSC (1)   2,188    2,095    4.5%   13,228    12,679    4.3%
DOMESTIC BRAZIL (2)   2,558    2,588    -1.2%   16,147    16,063    0.5%
INTERNATIONAL (3)   1,470    1,488    -1.2%   9,577    9,340    2.5%
                               
LATAM AIRLINES CARGO OPERATIONS                 
                               
REVENUE TON KILOMETERS  (Cargo) (million)                 
SYSTEM   312    276    12.9%   2,069    1,886    9.7%
                               
AVAILABLE TON KILOMETERS (Cargo) (million)                 
SYSTEM   574    533    7.8%   3,778    3,548    6.5%
                               
CARGO LOAD FACTOR                 
SYSTEM   54.3%   51.9%   2.4pp   54.8%   53.1%   1.6pp

 

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 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 Group employs over 42.000 people worldwide, operating more than 1,300 flights per day and transporting 67 million passengers per year.

 

LATAM Airlines Group has a young and modern fleet. Its 314 aircraft average an age of around seven years and feature the latest models including the Boeing 787, Airbus A350, A321 and A320neo.

 

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: August 7, 2018       LATAM AIRLINES GROUP S.A.
       
        By:   /s/ Ramiro Alfonsín
        Name:   Ramiro Alfonsín
        Title:   CFO