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

 

February 2023

 

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 Operating Statistics

 

 

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: February 10, 2023	LATAM AIRLINES GROUP S.A.
	By:	/s/ Ramiro Alfonsín
	Name:	Ramiro Alfonsín
	Title:	CFO

 

 

 

2

 

Exhibit 99.1

 

 

LATAM Announces Four New Routes to Improve Latin American Connectivity

 

●

The group announced the start of flights between Bogota and Orlando, Guayaquil and Bogota, Santiago (Chile) and Porto Alegre, as well as Lima and Brasilia.

 

●

Additionally, a new frequency will be added on the Santiago (Chile)-Easter Island/Rapa Nui route, reaching 6 flights per week as of February.

 

●

Passenger traffic in January 2023 (measured in revenue passenger-kilometers - RPK) grew 24.9% compared to the same period in 2022, and operations measured in ASK (available seat-kilometers) increased 23.9%.

 

Santiago (Chile), February 9, 2023 - LATAM group reports updates on its operations announced in recent weeks, including new routes to start in 2023 to and from South America:

 

●

Bogota and Orlando, operated by LATAM Airlines Colombia, with daily flights starting in July.

 

●

Guayaquil and Bogota (operated by LATAM Airlines Ecuador) with 7 weekly frequencies starting in April.

 

●

Santiago (Chile)-Porto Alegre (operated by LATAM Airlines Group) with 3 weekly frequencies starting in April.

 

●

Lima and Brasilia (operated by LATAM Airlines Peru) with daily flights starting in April.

 

At the same time, a new frequency will be added on the Santiago (Chile)-Easter Island/Rapa Nui route, totaling 6 flights per week as of February.

 

Finally, as part of the Joint Venture with Delta Air Lines, the US airline announced that it will operate the seasonal route between New York (JFK) and Rio de Janeiro/Galeão (GIG) as of December 16 of this year.

 

January 2023 Operating Statistics

 

In January 2023, passenger traffic (measured in revenue passenger-kilometers - RPK) increased 24.9% compared to the same period of 2022, and the operation measured in ASK (available seat-kilometers) grew 23.9%. This implied that the load factor increased 0.7 percentage points, reaching 81.1%.

 

In cargo, the load factor was 51.0%, which corresponds to a decrease of 1.2 percentage points compared to January 2022.

 

INVETSOR RELATIONS CONTACT INFORMATION
LATAM Airlines Group S.A.
Investor Relations	1
InvestorRelations@latam.com
Tel: (56-2) 2565-3844
www.latamairlinesgroup.net

 

 

 

The following chart summarizes the operating figures for the month and year to date for LATAM’s main business units:

 

		January												Year to Date
LATAM AIRLINES OPERATIONS		2023				2022				% Change				2023				2022				% Change
LATAM AIRLINES PASSENGER OPERATIONS
REVENUE PASSENGER KILOMETERS (million)
SYSTEM			9,419				7,538				24.9	%			9,419				7,538				24.9	%
DOMESTIC SSC (1)			1,682				1,713				-1.8	%			1,682				1,713				-1.8	%
DOMESTIC BRAZIL (2)			3,327				2,963				12.3	%			3,327				2,963				12.3	%
INTERNATIONAL (3)			4,410				2,862				54.1	%			4,410				2,862				54.1	%
AVAILABLE SEAT KILOMETERS (million)
SYSTEM			11,609				9,371				23.9	%			11,609				9,371				23.9	%
DOMESTIC SSC (1)			2,070				2,130				-2.8	%			2,070				2,130				-2.8	%
DOMESTIC BRAZIL (2)			4,123				3,527				16.9	%			4,123				3,527				16.9	%
INTERNATIONAL (3)			5,416				3,713				45.9	%			5,416				3,713				45.9	%
PASSENGER LOAD FACTOR
SYSTEM			81.1	%			80.4	%			0.7	pp			81.1	%			80.4	%			0.7	pp
DOMESTIC SSC (1)			81.3	%			80.4	%			0.8	pp			81.3	%			80.4	%			0.8	pp
DOMESTIC BRAZIL (2)			80.7	%			84.0	%			-3.3	pp			80.7	%			84.0	%			-3.3	pp
INTERNATIONAL (3)			81.4	%			77.1	%			4.4	pp			81.4	%			77.1	%			4.4	pp
PASSENGER BOARDED (thousand)
SYSTEM			5,984				5,202				15.0	%			5,984				5,202				15.0	%
DOMESTIC SSC (1)			2,132				2,141				-0.4	%			2,132				2,141				-0.4	%
DOMESTIC BRAZIL (2)			2,847				2,492				14.2	%			2,847				2,492				14.2	%
INTERNATIONAL (3)			1,005				570				76.5	%			1,005				570				76.5	%
LATAM AIRLINES CARGO OPERATIONS
REVENUE TON KILOMETERS (Cargo) (million)
SYSTEM			303				267				13.5	%			303				267				13.5	%
AVAILABLE TON KILOMETERS (Cargo) (million)
SYSTEM			593				498				19.0	%			593				498				19.0	%
CARGO LOAD FACTOR
SYSTEM			51.0	%			53.5	%			-2.5	pp			51.0	%			53.5	%			-2.5	pp

 

INVETSOR RELATIONS CONTACT INFORMATION
LATAM Airlines Group S.A.
Investor Relations	2
InvestorRelations@latam.com
Tel: (56-2) 2565-3844
www.latamairlinesgroup.net

 

 

 

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 within 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 group cargo subsidiaries. In addition to having access to the passenger cargo holds of the passenger affiliates aircraft, they have a fleet of 16 freighters, which will gradually reach 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.

 

INVETSOR RELATIONS CONTACT INFORMATION
LATAM Airlines Group S.A.
Investor Relations	3
InvestorRelations@latam.com
Tel: (56-2) 2565-3844
www.latamairlinesgroup.net