LATAM group domestic operations to exceed pre-pandemic levels

LATAM group projects a passenger operation of 85% for January (measured in available seat kilometers – ASK) compared to the same period in 2019. The group expects to operate approximately 1,409 domestic and international daily flights during the month, connecting 144 destinations in 22 countries. In terms of cargo, the group has more than 1,590 flights scheduled.

At the group level, domestic operation data for January (Brazil, Colombia, Ecuador and Peru) exceeds the levels of the same period in 2019, with the exception of Chile whose recovery has been slower compared to the rest of the markets. In the case of cargo, the positive trend continues and accumulates a sixth consecutive month with a capacity projection above pre-pandemic data.

In December 2022, passenger traffic (measured in revenue passenger-kilometers – RPK) was 80.0% compared to the same period in 2019, based on an operation measured in ASK (available seat-kilometers) of 85.2% compared to December 2019. This implied that the load factor decreased 5.1 percentage points, reaching 78.4%.

In cargo, the load factor was 54.7%, which corresponds to a decrease of 2.6 percentage points compared to December 2019.

LATAM Group Operation Estimate – January 2023

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

Brazil ●      94% projected operation (versus January 2019). Reference December 2022 projection: 92%

    • 120% domestic and 71% international

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

Chile ●      73% projected operation (versus January 2019). Reference December 2022 projection: 80%

    • 74% domestic and 73% international

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

Colombia ●      113% projected operation (versus January 2019). Reference December 2022 projection: 113%

    • 130% domestic and 97% international

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

Ecuador ●      75% projected operation (versus January 2019). Reference December 2022 projection: 73%

    • 143% domestic and 56% international

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

Peru ●      85% projected operation (versus January 2019). Reference December 2022 projection: 83%

    • 122% domestic and 75% international

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

Cargo ●      111% projected operation (versus January 2019). Reference December 2022 projection: 116%

o   94% belly domestic and 81% belly international*

o   192% dedicated freighter

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

Operation estimate by segment vs 2019 – January 2023

 (measured in ASK)

 

Domestic Spanish-speaking countries 83%
Domestic Brazil 120%
International 71%
Consolidated Total 85%

 

Note: Argentina’s domestic operations are considered 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 A320-271N WL PR-XBA (msn 8529) GRU (Rodrigo Cozzato). Image: 959882.

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