Latam Airlines Group S.A 6-K, filed May 14, 2021
Latam Airlines Group S.A. (LTM)
About this 6-K
Latam Airlines Group S.A filed this 6-K on May 14, 2021.
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
May 2021
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 |
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: May 14, 2021 | LATAM AIRLINES GROUP S.A. | |
| By: | /s/ Ramiro Alfonsín | |
| Name: | Ramiro Alfonsín | |
| Title: | Chief Financial Officer | |
2
Exhibit 99.1
LATAM Airlines Group reports preliminary monthly statistics for April 2021
Santiago (Chile), May 13, 2021 - LATAM Airlines Group S.A. and its subsidiaries, (“LATAM Airlines Group” or “the Company”) today reported its preliminary monthly traffic statistics for April 2021 compared with the same period of 2020 and 2019, in a pre-pandemic context.
During April 2021, passenger traffic (measured in revenue passenger-kilometers - RPK) was 18.6% in relation to the same period of 2019, based on an operation of 24.9% (measured in available seat-kilometers - ASK) compared to April 2019. As a result, the load factor decreased 21.1 percentage points to 62.2%.
With regard to the cargo operations, the load factor in April reached 71.0%, 15.1 percentage points higher than the same month of 2019.
The following table summarizes traffic figures for the month and includes a year-to-date breakdown for LATAM’s main business units.
April 2021 Traffic Report
| April | April | Year to date | Year to date | |||||||||||||||||||||||||||||||||||||
| 2021 | 2020 | % Change | 2019 | % Change | 2021 | 2020 | % Change | 2019 | % Change | |||||||||||||||||||||||||||||||
| LATAM AIRLINES PASSENGER OPERATIONS | ||||||||||||||||||||||||||||||||||||||||
| REVENUE PASSENGER KILOMETERS (million) | ||||||||||||||||||||||||||||||||||||||||
| SYSTEM | 1,784 | 330 | 440.7 | % | 9,584 | -81.4 | % | 10,730 | 29,093 | -63.1 | % | 41,563 | -74.2 | % | ||||||||||||||||||||||||||
| DOMESTIC SSC (1) | 622 | 75 | 732.0 | % | 1,577 | -60.5 | % | 2,935 | 5,609 | -47.7 | % | 7,393 | -60.3 | % | ||||||||||||||||||||||||||
| DOMESTIC BRAZIL (2) | 808 | 130 | 521.3 | % | 2,435 | -66.8 | % | 5,355 | 8,689 | -38.4 | % | 10,139 | -47.2 | % | ||||||||||||||||||||||||||
| INTERNATIONAL (3) | 354 | 125 | 182.9 | % | 5,573 | -93.6 | % | 2,440 | 14,795 | -83.5 | % | 24,031 | -89.8 | % | ||||||||||||||||||||||||||
| AVAILABLE SEAT KILOMETERS (million) | ||||||||||||||||||||||||||||||||||||||||
| SYSTEM | 2,869 | 661 | 334.3 | % | 11,506 | -75.1 | % | 16,526 | 36,126 | -54.3 | % | 49,495 | -66.6 | % | ||||||||||||||||||||||||||
| DOMESTIC SSC (1) | 967 | 155 | 524.6 | % | 1,997 | -51.6 | % | 4,202 | 7,081 | -40.7 | % | 8,908 | -52.8 | % | ||||||||||||||||||||||||||
| DOMESTIC BRAZIL (2) | 1,126 | 261 | 332.0 | % | 2,986 | -62.3 | % | 7,459 | 10,814 | -31.0 | % | 12,369 | -39.7 | % | ||||||||||||||||||||||||||
| INTERNATIONAL (3) | 775 | 245 | 216.4 | % | 6,524 | -88.1 | % | 4,865 | 18,231 | -73.3 | % | 28,219 | -82.8 | % | ||||||||||||||||||||||||||
| PASSENGER LOAD FACTOR | ||||||||||||||||||||||||||||||||||||||||
| SYSTEM | 62.2 | % | 50.0 | % | 12.2 | pp | 83.3 | % | -21.1 | pp | 64.9 | % | 80.5 | % | -15.6 | pp | 84.0 | % | -19.0 | pp | ||||||||||||||||||||
| DOMESTIC SSC (1) | 64.3 | % | 48.3 | % | 16.0 | pp | 78.9 | % | -14.6 | pp | 69.9 | % | 79.2 | % | -9.4 | pp | 83.0 | % | -13.1 | pp | ||||||||||||||||||||
| DOMESTIC BRAZIL (2) | 71.8 | % | 49.9 | % | 21.9 | pp | 81.5 | % | -9.8 | pp | 71.8 | % | 80.4 | % | -8.6 | pp | 82.0 | % | -10.2 | pp | ||||||||||||||||||||
| INTERNATIONAL (3) | 45.7 | % | 51.1 | % | -5.4 | pp | 85.4 | % | -39.7 | pp | 50.1 | % | 81.2 | % | -31.0 | pp | 85.2 | % | -35.0 | pp | ||||||||||||||||||||
| PASSENGERS BOARDED (thousand) | ||||||||||||||||||||||||||||||||||||||||
| SYSTEM | 1,583 | 176 | 802.0 | % | 5,565 | -71.5 | % | 8,926 | 17,829 | -49.9 | % | 23,738 | -62.4 | % | ||||||||||||||||||||||||||
| DOMESTIC SSC (1) | 823 | 64 | 1186.3 | % | 1,918 | -57.1 | % | 3,819 | 6,468 | -41.0 | % | 8,451 | -54.8 | % | ||||||||||||||||||||||||||
| DOMESTIC BRAZIL (2) | 679 | 90 | 654.6 | % | 2,331 | -70.9 | % | 4,507 | 7,903 | -43.0 | % | 9,514 | -52.6 | % | ||||||||||||||||||||||||||
| INTERNATIONAL (3) | 81 | 22 | 276.2 | % | 1,316 | -93.8 | % | 601 | 3,459 | -82.6 | % | 5,773 | -89.6 | % | ||||||||||||||||||||||||||
| LATAM AIRLINES CARGO OPERATIONS | ||||||||||||||||||||||||||||||||||||||||
| REVENUE TON KILOMETERS (Cargo) (million) | ||||||||||||||||||||||||||||||||||||||||
| SYSTEM | 265 | 194 | 36.8 | % | 285 | -6.9 | % | 996 | 1,026 | -2.9 | % | 1,184 | -15.8 | % | ||||||||||||||||||||||||||
| AVAILABLE TON KILOMETERS (Cargo) (million) | ||||||||||||||||||||||||||||||||||||||||
| SYSTEM | 373 | 259 | 44.0 | % | 509 | -26.7 | % | 1,492 | 1,846 | -19.2 | % | 2,112 | -29.4 | % | ||||||||||||||||||||||||||
| CARGO LOAD FACTOR | ||||||||||||||||||||||||||||||||||||||||
| SYSTEM | 71.0 | % | 74.8 | % | -3.7 | pp | 56.0 | % | 15.1 | pp | 66.8 | % | 55.6 | % | 11.2 | pp | 56.0 | % | 10.7 | 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 the leading airline group in Latin America, present in five domestic markets in the region: Brazil, Chile, Colombia, Ecuador and Peru, as well as international operations within Latin America and to 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 Airlines Group's shares are traded on the Santiago de Chile stock exchange and its ADRs are traded on the over-the-counter (OTC) markets in the United States.
For press inquiries, please write to comunicaciones.externas@latam.com. More financial information 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. |