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

 

March 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 February 2020

  

 

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: March 10, 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 February 2020

 

Santiago, Chile, March 10, 2020– LATAM Airlines Group S.A. and its subsidiaries, (“LATAM Airlines Group” or “the Company”) (NYSE: LTM / IPSA: LTM) today reported its preliminary monthly traffic statistics for February 2020 compared to February 2019.

 

System passenger traffic increased by 4.9%, while capacity rose 5.2%. As a result, the Company’s load factor for the month fell 0.3 percentage points to 83.8%. International passenger traffic accounted for approximately 52% of the month’s total passenger traffic.

 

Domestic passenger traffic increased by 27.1% in Brazil and 11.4% in LATAM’s Spanish speaking markets year-on-year due to capacity growth, while international passenger traffic decreased by 6.2% year-on-year as a result of network adjustments made during 2019.

 

The following table summarizes traffic figures for February 2020 for LATAM’s main business units.

 

		February												Year to Date by February
		2020				2019				% Change				2020				2019				% Change
LATAM AIRLINES PASSENGER OPERATIONS
REVENUE PASSENGER KILOMETERS (millions)
SYSTEM			10,615				10,121				4.9	%			22,340				21,638				3.2	%
DOMESTIC SSC (1)			2,132				1,914				11.4	%			4,379				4,057				7.9	%
DOMESTIC BRAZIL (2)			2,998				2,359				27.1	%			6,555				5,218				25.6	%
INTERNATIONAL (3)			5,485				5,848				-6.2	%			11,406				12,363				-7.7	%
AVAILABLE SEAT KILOMETERS (millions)
SYSTEM			12,660				12,033				5.2	%			26,418				25,508				3.6	%
DOMESTIC SSC (1)			2,564				2,255				13.7	%			5,333				4,735				12.6	%
DOMESTIC BRAZIL (2)			3,625				2,889				25.5	%			7,718				6,300				22.5	%
INTERNATIONAL (3)			6,471				6,889				-6.1	%			13,367				14,473				-7.6	%
PASSENGER LOAD FACTOR
SYSTEM			83.8	%			84.1	%			-0.3 pp				84.564	%			84.828	%			-0.265 pp
DOMESTIC SSC (1)			83.2	%			84.9	%			-1.7 pp				82.1	%			85.7	%			-3.6 pp
DOMESTIC BRAZIL (2)			82.7	%			81.7	%			1.0 pp				84.9	%			82.8	%			2.1 pp
INTERNATIONAL (3)			84.8	%			84.9	%			-0.1 pp				85.3	%			85.4	%			-0.1 pp
PASSENGERS BOARDED (thousands)
SYSTEM			6,514				5,713				14.0	%			13,765				12,297				11.9	%
DOMESTIC SSC (1)			2,451				2,103				16.5	%			5,063				4,480				13.0	%
DOMESTIC BRAZIL (2)			2,766				2,198				25.8	%			6,011				4,829				24.5	%
INTERNATIONAL (3)			1,297				1,411				-8.1	%			2,691				2,988				-9.9	%
LATAM AIRLINES CARGO OPERATIONS
REVENUE TON KILOMETERS (Cargo) (millions)
SYSTEM			284				300				-5.3	%			575				586				-1.9	%
AVAILABLE TON KILOMETERS (Cargo) (millions)
SYSTEM			543				519				4.6	%			1,121				1,064				5.4	%
CARGO LOAD FACTOR
SYSTEM			52.4	%			57.9	%			-5.5 pp				51.3	%			55.1	%			-3.8 pp

 

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.

 

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.