LATAM approaches pre-pandemic levels and projects 85% of operation by the end of the year

The LATAM group projects an 85% passenger operation for December (measured in available seat kilometers – ASK) compared to the same period of 2019, confirming its estimate for the end of the year and approaching pre-pandemic operations levels. Thus, the group expects to operate approximately 1,370 domestic and international daily flights during the month, connecting 144 destinations in 22 countries. The cargo business, in turn, has more than 1,540 flights scheduled.

Among the novelties of the period is the reactivation of the seasonal route Santiago – Florianopolis and the start of the sale of emblematic routes that return in mid-2023, such as São Paulo (GRU)-Johannesburg, Brasília-Lima and Porto Alegre-Santiago. The Cargo division, meanwhile, accumulates five consecutive months with a capacity projection higher than the pre-pandemic numbers, with an estimate for this month of 116% compared to 2019 data.

In November 2022, passenger traffic (measured in revenue passenger-kilometers – RPK) was 82.4% compared to the same time period in 2019, based on an operation measured in ASK (available seat-kilometers) of 82.4% compared to October 2019. This suggests that the load factor remained at 82.6%.

For cargo, the load factor was 54.1%, corresponding to a decrease of 3.2 points compared to November 2019.

 

LATAM Group Operation Estimate – December 2022

(passenger operations measured in ASK / cargo operations measured in ATK)

 

Brazil ●      92% projected operation (versus December 2019). Reference November 2022 projection: 89%

o   98% domestic and 84% international

●      Total destinations in December: 54 domestic and 21 international.

o   Updates:

▪       International: Restart Florianopolis-Santiago seasonal route (5 w/f)

Chile ●      80% projected operation (versus December 2019). Reference November 2022 projection: 78%

o   77% domestic and 81% international

●      Total destinations in December: 17 domestic and 27 international.

o   Updates:

 

 

  ▪       International: Restart Florianópolis-Santiago seasonal route (5 w/f)
Colombia ●      113% projected operation (versus December 2019). Reference November 2022 projection: 110%

o   115% domestic and 110% international

●      Total destinations in December: 17 domestic and 5 international.

Ecuador ●      73% projected operation (versus December 2019). Reference November 2022 projection: 67%

o   131% domestic and 55% international

●      Total destinations in December: 8 domestic and 4 international.

Peru ●      83% projected operation (versus December 2019). Reference November 2022 projection: 79%

o   99% domestic and 78% international

●      Total destinations in December: 19 domestic and 27 international.

Cargo ●      116% projected operation (versus December 2019). Reference November 2022 projection: 105%

o   90% domestic and 92% international belly*

o   180% dedicated freighter

 

*Belly: merchandise transported in the lower deck of the aircraft.

 

Operation estimate by segment vs 2019 – December 2022

 (measure in ASK)

 

Domestic Spanish-speaking countries 80%
Domestic Brazil 98%
International 79%
Consolidated Total 85%

 

Note: Argentina’s domestic operations are included in the 2019 operational statistics above, however, on June 17, 2020 LATAM announced the indefinite cessation of its domestic passenger and cargo operations in Argentina

Top Copyright Photo: LATAM Airlines (Brazil) Airbus A320-214 PR-MYV (msn 5222) GRU (Rodrigo Cozzato). Image: 959644.

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