Santiago, Chile, December 19, 2016– LATAM Airlines Group S.A. and its subsidiaries, ("LATAM Airlines Group" or "the Company") (NYSE: LFL / IPSA: LAN), the leading airline group in Latin America, today reports its preliminary guidance for 2017.

Having reviewed our operational projections for 2017, the Company is estimating an operating margin for the full year 2017 in the range of 6% to 8%.

LATAM will review its guidance on a quarterly basis to incorporate any important changes in macroeconomic variables or operating performance.