EX-99.1 2 ea0152140ex99-1_latamair.htm LATAM AIRLINES GROUP OPERATING STATISTICS

Exhibit 99.1

 

 

LATAM Airlines Group Projects Operation of 69% for December, Confirming the Forecast Announced for the End of 2021

 

●The group confirms the estimate of ending the year over 65% of operations compared to 2019. The increases in the operational projection for Colombia (+14 pp) and Brazil (+10 pp) stand out, compared to the November projection for this period.

 

●During this period, flights to Milan and London from São Paulo (Guarulhos) will resume, in addition to seasonal routes to Punta del Este (from São Paulo and Santiago) and Florianópolis (from Santiago).

 

Santiago (Chile), December 10, 2021 - LATAM Airlines Group’s operational passenger projection for December 2021 is estimated to reach 69% (measured in available seat kilometers - ASK) of 2019 levels, and a pre-pandemic context.

 

The increases in the operational projection for Colombia (+14 pp) and Brazil (+10 pp) stand out, compared to the November projection for this year. In Brazil, the increase is accompanied by new domestic routes to Jericoacoara and Vitória da Conquista, in addition to the reactivation of flights to Milan and London from São Paulo / Guarulhos. The seasonal routes Santiago-Florianópolis, São Paulo/Guarulhos-Punta del Este and Santiago-Punta del Este have also returned. With these announcements, the group maintains its expectation of closing the year with operations of over 65% of 2019 capacity levels.

 

LATAM plans to operate approximately 1,212 daily domestic and international flights during December, connecting 129 destinations in 18 countries. The cargo business has 1,150 flights scheduled on cargo freighters with an average utilization level that is 20% higher than the same

period in 2019. These projections are subject to the evolution of the pandemic and the travel restrictions in the countries where LATAM Airlines Group operates.

 

In November 2021, passenger traffic (measured in revenue passenger-kilometers - RPK) was 62.3% in relation to the same period in 2019, based on an operation measured in ASK (available seat-kilometers) of 62.8% compared to November 2019. The load factor decreased 0.6 percentage points, reaching 82.0%.

 

With regard to cargo operations, the load factor was 59.4%, which corresponds to an increase of 2.1 percentage points compared to November 2019.

 

LATAM Group Operational Estimate – December 2021

(Measured in ASK)

 

Brazil

●     74% projected operation (versus December 2019). November 2021 projection reference: 64%

o       95% domestic and 48% international

●     Total December destinations: 49 domestic (equivalent to 583 daily flights on average) and 19 international

●     Updates:

o       International: Restart São Paulo / Guarulhos - Milan/Malpensa, São Paulo/Guarulhos - London/Heathrow

o       Domestic: New routes for São Paulo/Guarulhos-Jericoacoara and São Paulo/Guarulhos-Vitória da Conquista

 

 

 

 

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.

Investor Relations

InvestorRelations@latam.com

Tel: (56-2) 2565-8765

www.latamairlinesgroup.net

 

 

 

 

 

Chile

●     59% projected operation (versus December 2019). November 2021 projection reference: 56%

o       92% domestic and 47% international

●     Total November destinations: 16 domestic (equivalent to 157 daily flights on average) and 21 international

●     Updates:

o       International: Restart the seasonal route of Santiago-Florianópolis (January and February)

Colombia

●     102% projected operation (versus December 2019). November 2021 projection reference: 88%

o       137% domestic and 69% international

●     Total December destinations: 16 domestic (equivalent to 180 daily flights on average) and 4 international

●     Updates:

o       Domestic: New routes for Cali-Montería, Medellín-Pereira, Cali-Pasto, Medellín-Leticia 

Ecuador

●     40% projected operation (versus December 2019). November 2021 projection reference: 34%

o       112% domestic and 16% international

●     Total December destinations: 7 domestic (equivalent to 33 daily flights on average) and 2 international

Perú

●     63% projected operation (versus December 2019). November 2021 projection reference: 62%

o       82% domestic and 55% international

●     Total December destinations: 19 domestic (equivalent to 159 daily flights on average) and 20 internationals

●     Updates:

o       International: New route for Lima-Buenos Aires/Aeroparque

Cargo

●     98% projected operation (versus December 2019). November 2021 projection reference: 82%

o       91% domestic belly and 64% international belly*

o       140% dedicated freighter

 

* Belly: merchandise transported in the cargo hold (lower deck) of the plane.

 

 

 

 

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.

Investor Relations

InvestorRelations@latam.com

Tel: (56-2) 2565-8765

www.latamairlinesgroup.net

 

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

 

November 2021 Traffic Report

 

   November   November   Year to date   Year to date 
   2021   2020   % Change   2019   % Change   2021   2020   % Change   2019   % Change 
                                         
LATAM AIRLINES PASSENGER OPERATIONS                            
                             
REVENUE PASSENGER KILOMETERS (million)                            
SYSTEM   6,483    3,056    112.1%   10,409    -37.7%   42,757    38,837    10.1%   113,529    -62.3%
DOMESTIC SSC (1)   1,570    702    123.7%   1,940    -19.1%   11,692    7,481    56.3%   20,123    -41.9%
DOMESTIC BRAZIL (2)   2,796    1,765    58.4%   3,148    -11.2%   20,389    14,705    38.7%   29,925    -31.9%
INTERNATIONAL (3)   2,117    590    259.1%   5,321    -60.2%   10,675    16,651    -35.9%   63,480    -83.2%
                                                   
AVAILABLE SEAT KILOMETERS (million)                                    
SYSTEM   7,908    4,212    87.8%   12,601    -37.2%   58,416    50,653    15.3%   135,959    -57.0%
DOMESTIC SSC (1)   2,034    975    108.6%   2,458    -17.2%   15,634    9,825    59.1%   24,852    -37.1%
DOMESTIC BRAZIL (2)   3,353    2,070    62.0%   3,743    -10.4%   25,626    18,482    38.7%   36,456    -29.7%
INTERNATIONAL (3)   2,520    1,166    116.1%   6,400    -60.6%   17,156    22,346    -23.2%   74,650    -77.0%
                                                   
PASSENGER LOAD FACTOR                                    
SYSTEM   82.0%   72.6%   9.4pp    82.6%   -0.6pp    73.2%   76.7%   -3.5pp    83.5%   -10.3pp 
DOMESTIC SSC (1)   77.2%   72.0%   5.2pp    78.9%   -1.8pp    74.8%   76.1%   -1.4pp    81.0%   -6.2pp 
DOMESTIC BRAZIL (2)   83.4%   85.2%   -1.9pp    84.1%   -0.7pp    79.6%   79.6%   0.0pp    82.1%   -2.5pp 
INTERNATIONAL (3)   84.0%   50.6%   33.5pp    83.1%   0.9pp    62.2%   74.5%   -12.3pp    85.0%   -22.8pp 
                                                   
PASSENGERS BOARDED (thousand)                                    
SYSTEM   4,892    2,530    93.4%   6,539    -25.2%   34,810    25,308    37.5%   67,319    -48.3%
DOMESTIC SSC (1)   2,055    918    124.0%   2,373    -13.4%   15,331    8,693    76.3%   24,224    -36.7%
DOMESTIC BRAZIL (2)   2,388    1,480    61.3%   2,946    -19.0%   17,192    12,821    34.1%   28,193    -39.0%
INTERNATIONAL (3)   449    132    239.4%   1,219    -63.2%   2,288    3,793    -39.7%   14,902    -84.6%

 

LATAM AIRLINES CARGO OPERATIONS                                    
                                                   
REVENUE TON KILOMETERS  (Cargo) (million)                                    
SYSTEM   267    290    -7.8%   321    -16.7%   2,736    2,816    -2.9%   3,221    -15.1%
                                                   
AVAILABLE TON KILOMETERS (Cargo) (million)                                    
SYSTEM   450    427    5.6%   561    -19.7%   4,283    4,291    -0.2%   5,824    -26.5%
                                                   
CARGO LOAD FACTOR                                    
SYSTEM   59.4%   68.0%   -8.6pp    57.3%   2.1pp    63.9%   65.6%   -1.8pp    55.3%   8.6pp 

 

 

 

 

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.

Investor Relations

InvestorRelations@latam.com

Tel: (56-2) 2565-8765

www.latamairlinesgroup.net

 

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About LATAM Airlines Group S.A.

 

LATAM Airlines Group S.A and its subsidiaries are the principal group of airlines in Latin America present in five domestic markets in the region: Brazil, Chile, Colombia, Ecuador and Peru, in addition to international operations inside Latin America and between it and Europe, the United States, and the Caribbean.

 

The group has a fleet of Boeing 767, 777, 787, Airbus A321, A320, A320neo and A319 aircraft.

 

LATAM Cargo Chile, LATAM Cargo Colombia, and LATAM Cargo Brazil are the LATAM Airlines freight subsidiaries. In addition to having access to the passenger cargo holds of LATAM Airlines Group, they have a fleet of 11 freighters, which will gradually increase to a total of up to 21 freighters by 2023.

 

They operate on the LATAM Group network as well as international routes that are solely used for shipping. They offer modern Infrastructure, a wide variety of services and protection options to meet all customer needs.

 

For LATAM Cargo press inquiries, write to comunicaciones.externas@latam.com. More financial information is available at www.latamairlinesgroup.net

 

Note on Forward-Looking Statements

 

This report contains forward-looking statements. Such statements may include words such as “may” “will,” “expect,” “intend,” “anticipate,” “estimate,” “project,” “believe” or other similar expressions. Forward-looking statements are statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on LATAM’s current plans, estimates and projections and, therefore, you should not place undue reliance on them. Forward-looking statements involve inherent known and unknown risks, uncertainties and other factors, many of which are outside of LATAM’s control and difficult to predict. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors and uncertainties include in particular those described in the documents we have filed with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them, whether in light of new information, future events or otherwise.

 

Notes

 

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

 

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

 

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

 

 

 

 

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.

Investor Relations

InvestorRelations@latam.com

Tel: (56-2) 2565-8765

www.latamairlinesgroup.net

 

 

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