LATAM Group projected to fly 72% of its flights in January

LATAM Airlines Group’s operational passenger projection for January 2022 is estimated to reach up to 72% (measured in available seat kilometers – ASK) of January 2019 levels and a pre-pandemic context. However, this estimate could adjust downwards depending on the increase in cases of the Omicron variant of COVID-19.

Operations in new destinations, such as Neiva (Colombia) and Loja (Ecuador), are planned to begin this month, in addition to the resumption of the seasonal Santiago-Punta del Este route.

LATAM plans to operate approximately 1,245 daily domestic and international flights during January, connecting 132 destinations in 18 countries. The cargo business has 1,190 flights scheduled on cargo freighters with an average utilization level that is 8% higher than the same period in 2019. These projections are subject to the evolution of the pandemic, particularly the rise in Omicron variant cases in the countries where LATAM Airlines Group operates.

In December 2021, passenger traffic (measured in revenue passenger-kilometers – RPK) was 68.8% in relation to the same period in 2019, based on an operation measured in ASK (available seat-kilometers) of 70.1% compared to December 2019. The load factor decreased 1.6 percentage points, reaching 82.0%.

In regards to cargo operations, the load factor was 60.6%, which corresponds to an increase of 3.4 percentage points compared to December 2019.

LATAM Airlines Group Operational Estimate – January 2022 

(Passenger operations measured in ASK / Cargo operations measured in ATK)

Brazil

  • 82% projected operation (versus January 2019). December 2021 projection reference: 74%
    • 107% domestic and 54% international
  • Total January destinations: 49 domestic (equivalent to 583 daily flights on average) and 19 international

Chile

  • 60% projected operation (versus January 2019). December 2021 projection reference: 59%
    • 85% domestic and 50% international
  • Total January destinations: 16 domestic (equivalent to 166 daily flights on average) and 22 international
  • Updates:
      • International: Restart the seasonal route Santiago-Punta del Este (January and February)

Colombia

  • 109% projected operation (versus January 2019). December 2021 projection reference: 102%
    • 162% domestic and 71% international
  • Total January destinations: 17 domestic (equivalent to 185 daily flights on average) and 4 international
  • Updates:
      • Domestic: New Bogotá-Neiva route

Ecuador

  • 46% projected operation (versus January 2019). December 2021 projection reference: 40%
    • 133% domestic and 21% international
  • Total January destinations: 8 domestic (equivalent to 37 daily flights on average) and 2 international
    • Updates:
      • Domestic: New Quito-Loja route

Perú

  • 67% projected operation (versus January 2019). December 2021 projection reference: 63%
    • 105% domestic and 55% international
  • Total January destinations: 19 domestic (equivalent to 159 daily flights on average) and 20 international

Cargo

  • 91% projected operation (versus January 2019). December 2021 projection reference: 98%
    • 82% domestic belly and 59% international belly*
    • 152% dedicated freighter

* Belly: merchandise transported in the cargo hold (lower deck) of the plane.

Operational Estimate by Segment vs 2019 – January 2022

(Measured in ASK)

Domestic Spanish-speaking countries

88%

Domestic Brazil

107%

International

51%

Consolidated Total

72%