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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

 

October 10, 2019

 

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 S.A.

 

The following exhibit is attached:

 

EXHIBIT NO.   DESCRIPTION
99.1   LATAM Airlines Group reports preliminary monthly statistics for September 2019

 

 

 

 

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: October 10, 2019       LATAM AIRLINES GROUP S.A.
       
        By:  

/s/ Ramiro Alfonsin

        Name:  

Ramiro Alfonsin

        Title:  

CFO of LATAM Airlines Group.

 

 

 

 

Exhibit 99.1

 

  

 

LATAM Airlines Group reports preliminary monthly statistics for September 2019

Santiago, Chile, October 10, 2019– 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 2019 compared with the same period of 2018.

System passenger traffic (measured in revenue passenger kilometers (RPK)) increased 3.1%, while capacity increased by 2.4%. As a result, the Company’s load factor for the month increased 0.6 percentage points to 82.5%. International passenger traffic accounted for approximately 54% 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     
   2019   2018   % Change   2019   2018   % Change 
LATAM AIRLINES PASSENGER OPERATIONS                
REVENUE PASSENGER KILOMETERS (million)                     
SYSTEM   10,045    9,739    3.1%   92,686    88,177    5.1%
DOMESTIC SSC (1)   1,779    1,625    9.5%   16,315    14,653    11.3%
DOMESTIC BRAZIL (2)   2,832    2,489    13.8%   23,649    22,400    5.6%
INTERNATIONAL (3)   5,434    5,626    -3.4%   52,722    51,124    3.1%
                               
AVAILABLE SEAT KILOMETERS  (million)                     
SYSTEM   12,176    11,894    2.4%   110,707    106,058    4.4%
DOMESTIC SSC (1)   2,236    1,994    12.2%   19,961    17,895    11.5%
DOMESTIC BRAZIL (2)   3,474    3,084    12.6%   29,047    27,861    4.3%
INTERNATIONAL (3)   6,466    6,817    -5.1%   61,699    60,302    2.3%
                               
PASSENGER LOAD FACTOR                              
SYSTEM   82.5%   81.9%   0.6 pp    83.7%   83.1%   0.6 pp 
DOMESTIC SSC (1)   79.5%   81.5%   -1.9 pp    81.7%   81.9%   -0.1 pp 
DOMESTIC BRAZIL (2)   81.5%   80.7%   0.8 pp    81.4%   80.4%   1.0 pp 
INTERNATIONAL (3)   84.0%   82.5%   1.5 pp    85.4%   84.8%   0.7 pp 
                               
PASSENGERS BOARDED (thousand)                              
SYSTEM   6,118    5,642    8.4%   54,243    50,574    7.3%
DOMESTIC SSC (1)   2,213    1,978    11.9%   19,522    17,351    12.5%
DOMESTIC BRAZIL (2)   2,653    2,338    13.5%   22,277    20,912    6.5%
INTERNATIONAL (3)   1,252    1,327    -5.6%   12,444    12,311    1.1%
                               
LATAM AIRLINES CARGO OPERATIONS                      
                               
REVENUE TON KILOMETERS  (Cargo) (million)                     
SYSTEM   281    293    -4.2%   2,601    2,632    -1.1%
                               
AVAILABLE TON KILOMETERS (Cargo) (million)                     
SYSTEM   525    533    -1.5%   4,717    4,839    -2.5%
                               
CARGO LOAD FACTOR                         
SYSTEM   53.5%   55.0%   -1.5 pp    55.2%   54.4%   0.8 pp 

 

 

 

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 is Latin America’s leading airline group with one of the largest route networks in the world, offering services to 143 destinations in 25 countries, including six domestic markets in Latin America – Argentina, Brazil, Chile, Colombia, Ecuador and Peru – in addition to international operations in Latin America, Europe, the United States, the Caribbean, Oceania, Africa and Asia.

 

The airline group employs over 41,000 people worldwide, operating approximately 1,300 flights per day and transporting 71 million passengers per year.

 

LATAM Airlines Group has 327 aircraft in its fleet, which features the latest and most modern models including the Boeing 787, Airbus A350, A321 and A320neo.

 

LATAM Airlines Group is the only airline group in the Americas and one of three worldwide to be part of the Dow Jones Sustainability ‘World’ Index. In 2018, it was recognized by the index for sustainable practices, based on economic, social and environmental criteria, for the sixth 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


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, Argentina, Ecuador and Colombia.
  (2) Domestic Brazil = Domestic passenger operations of TAM in Brazil.
  (3) International = International passenger operations of LAN and TAM.

 

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