View:
Download DOC
Download PDF
Download XLS

 

 

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

 

June 2020

 

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 May 2020

 

1

 

 

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: June 9, 2020 LATAM AIRLINES GROUP S.A.
     
  By: /s/ Ramiro Alfonsin
  Name: Ramiro Alfonsin
  Title: CFO of LATAM Airlines Group

 

 

2

 

Exhibit 99.1

 

 

LATAM Airlines Group reports preliminary monthly statistics for May 2020

 

Santiago, Chile, June 9, 2020– LATAM Airlines Group S.A. and its subsidiaries, (“LATAM Airlines Group” or “the Company”) (IPSA: LTM) today reported its preliminary monthly traffic statistics for May 2020 compared with the same period of 2019.

 

System passenger traffic (measured in revenue passenger kilometers (RPK)) decreased 96.5%, while capacity fell 93.3%. As a result, the Company’s load factor for the month decreased 39.8 percentage points to 43.8%. International passenger traffic accounted for approximately 36% 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.

 

   May       Year to Date     
   2020   2019   % Change   2020   2019   % Change 
                         
LATAM AIRLINES PASSENGER OPERATIONS                
                 
REVENUE PASSENGER KILOMETERS (million)                
SYSTEM   345    9,873    -96.5%   29,438    51,436    -42.8%
DOMESTIC SSC (1)   60    1,604    -96.2%   5,670    8,997    -37.0%
DOMESTIC BRAZIL (2)   159    2,486    -93.6%   8,848    12,625    -29.9%
INTERNATIONAL (3)   125    5,783    -97.8%   14,920    29,814    -50.0%
                               
AVAILABLE SEAT KILOMETERS  (million)                              
SYSTEM   787    11,805    -93.3%   36,913    61,301    -39.8%
DOMESTIC SSC (1)   100    2,019    -95.0%   7,181    10,927    -34.3%
DOMESTIC BRAZIL (2)   253    3,130    -91.9%   11,066    15,499    -28.6%
INTERNATIONAL (3)   434    6,656    -93.5%   18,665    34,874    -46.5%
                               
PASSENGER LOAD FACTOR                              
SYSTEM   43.8%   83.6%   -39.8pp   79.8%   83.9%   -4.2pp
DOMESTIC SSC (1)   60.4%   79.4%   -19.0pp   79.0%   82.3%   -3.4pp
DOMESTIC BRAZIL (2)   63.0%   79.4%   -16.5pp   80.0%   81.5%   -1.5pp
INTERNATIONAL (3)   28.8%   86.9%   -58.1pp   79.9%   85.5%   -5.6pp
                               
PASSENGERS BOARDED (thousand)                              
SYSTEM   191    5,741    -96.7%   18,020    29,480    -38.9%
DOMESTIC SSC (1)   49    1,999    -97.6%   6,517    10,450    -37.6%
DOMESTIC BRAZIL (2)   120    2,406    -95.0%   8,023    11,920    -32.7%
INTERNATIONAL (3)   22    1,336    -98.4%   3,480    7,110    -51.0%
                               
LATAM AIRLINES CARGO OPERATIONS                              
                               
REVENUE TON KILOMETERS  (Cargo) (million)                              
SYSTEM   275    287    -4.2%   1,301    1,470    -11.5%
                               
AVAILABLE TON KILOMETERS (Cargo) (million)                              
SYSTEM   350    508    -31.3%   2,195    2,621    -16.2%
                               
CARGO LOAD FACTOR                              
SYSTEM   78.6%   56.4%   22.2pp   59.3%   56.1%   3.1pp

 

 

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 services to 145 destinations in 26 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 42,000 people worldwide, operating approximately 1,400 flights per day and transporting over 74 million passengers per year. LATAM Airlines Group has 332 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 2019, it was recognized by the index for sustainable practices, based on economic, social and environmental criteria, for the sixth consecutive year.

 

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.