Tag Archives: LATAM Airlines

LATAM Airlines Ecuador resumes the Quito – Miami route

LATAM Airlines Ecuador has resumed its direct route between Quito – Miami with daily flights.

This route is served by Airbus A320 aircraft, with capacity for 168 passengers. According to the itinerary, flights are scheduled to operate on the following schedule:

UIO-MIA LA 1454 Daily 08:30 h 12:45
MIA-UIO LA 1453 Daily 14:35 h 18:55

(*) Reference timetable

Agreement between LATAM and UNHCR to help refugees around the world

In order to support humanitarian crises worldwide, LATAM group will make free passenger and cargo transport available to the United Nations High Commissioner for Refugees (UNHCR). This aid is intended to support people who have had to leave their homes in search of safety.

This arrangement allows for the transfer of cargo at no cost, and contribution towards in tickets to destinations within the LATAM network. The initiative is part of the LATAM group’s “Solidarity Plane” program which seeks to generate value in society by providing free transportation to cover different needs in South America.

According to the UNHCR Global Trends report, 1% of humanity was forced to flee their homes in 2020. A major humanitarian crisis is currently unfolding in Ukraine and neighboring countries, which has displaced more than 10 million people. Latin America and the Caribbean is no exception, with more than 18 million displaced people in need of aid. In addition, “we cannot forget places like Afghanistan, Syria, Ethiopia, Venezuela, Myanmar and many others that continue to need the support of UNHCR and other humanitarian organizations,” said Filippo Grandi, United Nations High Commissioner for Refugees.

LATAM’s “Solidarity Plane” program is part of the group’s sustainability strategy, and seeks to generate value in society through free passenger and cargo transportation. During the pandemic, “Solidarity Plane” has played an active role in the transportation of vaccines within the countries where it operates, mobilizing more than 232 million doses, in addition to transporting more than 3,400 health professionals to attend to urgent needs related to the COVID-19 pandemic.

Recently, the program announced alliances with solidarity and civil society organizations in Brazil, Chile, Colombia, Ecuador and Peru, making available to them the expertise, infrastructure and connectivity through tickets and cargo transportation at no cost to organizations.

Virgin Atlantic announces partnership with LATAM Airlines (Brazil)


Virgin Atlantic has announced a new codeshare agreement with LATAM Airlines offering customers the opportunity to fly seamlessly to the South American country of Brazil.

Customers booking through Virgin Atlantic are now able to travel from Heathrow direct to São Paulo as well as connecting onwards onto 12 domestic airports in Brazil including Rio de Janeiro, Salvador and Florianopolis. Customers traveling from São Paulo to London Heathrow will also have the option to smoothly connect onto Virgin Atlantic’s rest of world destinations through Terminal 3 including Tel Aviv, Delhi and Hong Kong.

Codeshare destinations:

São Paulo, Brazil Direct from London Heathrow on LATAM Airlines


Further domestic destinations in Brazil Rio de Janeiro (GIG), Porto Alegre (POA), Belo Horizonte (CNF), Brasilia (BSB), Curitiba (CWB), Goiania (GYN), Recife (REC), Salvador (SSA), Florianopolis (FLN), Fortaleza (FOR), Vitoria (VIX) and Londrina (LDB)

Connect via LATAM Airlines’ direct service to São Paolo from London Heathrow


LATAM Airlines Group and Delta Air Lines expand codeshare agreement

LATAM Airlines Group and Delta Air Lines announced the expansion of their codeshare agreements today, which will allow their customers to access more than 20 international routes between the United States and South America, along with connections to domestic and intra-continental destinations. It will also allow LATAM Airlines Group to add eight new international routes operated by Delta between South America and the U.S., and 11 domestic destinations in the U.S. from Atlanta. Delta will add 12 international routes operated by LATAM Airlines Group between South America and the U.S., connecting from Miami, Orlando, New York (JFK) and Los Angeles (LAX); as well as seven interregional routes in South America, and four new domestic destinations in Chile.

This announcement will benefit customers with more connections between both regions: more than 40 destinations in South America, including domestic routes in Brazil, Chile, Colombia, Ecuador and Peru; routes within South America, between South America and the U.S.; and more than 70 domestic routes within the U.S. Additionally, Delta Air Lines and LATAM will complement their existing codeshare network in the coming months with new routes to Delta destinations in the U.S., and between the U.S. and Canada.

The agreement between LATAM and Delta currently allows LATAM Pass® and SkyMiles® members to accumulate miles/points in their respective frequent flyer programs, including priority boarding, extra baggage check-in, and VIP lounge access for select categories. Customers will be able to easily connect between Delta and LATAM flights at airports where the airlines have relocated to the same terminal. This includes Terminal 4 at John F. Kennedy International Airport (New York), Terminal 3 at Guarulhos Airport in São Paulo and soon Terminal 2 at Arturo Merino Benitez International Airport in Santiago, Chile.

New Codeshare Routes Between LATAM Airlines Group and Delta*

Between the U.S. and South America


Operated by

Atlanta – São Paulo/Guarulhos


New York/JFK – São Paulo/Guarulhos

Delta / LATAM

Miami – São Paulo/Guarulhos 


Orlando – São Paulo/Guarulhos


Atlanta – Rio de Janeiro/Galeão**


Atlanta – Bogotá


Miami – Bogotá – Santiago


New York/JFK – Bogotá


Atlanta – Lima


Los Angeles – Lima


Miami – Lima


New York /JFK– Lima


Orlando – Lima


Atlanta – Santiago


Los Ángeles – Santiago


Miami – Santiago


New York /JFK – Santiago


Atlanta – Quito


Connecting U.S. Domestic Routes

Atlanta- Austin


Atlanta – Boston


Atlanta – Baltimore


Atlanta – Charlotte


Atlanta – Washington


Atlanta – Denver


Atlanta – Dallas


Atlanta – New York /JFK


Atlanta – Fort Lauderdale


Atlanta – Honolulu


Atlanta – Houston


Connecting Regional Routes in South America Operated by LATAM Airlines Group

Santiago – Bogotá

Santiago – Lima

Santiago – Montevideo 

Santiago – Rio de Janeiro

Santiago – São Paulo/Guarulhos

São Paulo/Guarulhos – Montevideo

Connecting Chile Domestic Routes Operated by LATAM Airlines Group

Santiago – Antofagasta

Santiago – Concepción 

Santiago – Puerto Montt 

Santiago – Punta Arenas 


*Codeshare flights are available for booking travel beginning Nov. 18.

*The Atlanta – Rio de Janeiro route will resume on Feb. 22, 2022.

LATAM Group receives offers for bankruptcy reorganization exit financing

LATAM Airlines Group S.A. and certain of its debtor affiliates in Brazil, Chile, Colombia, Ecuador, the United States and Peru (collectively, “LATAM”) released its five-year business plan along with advances regarding its exit financing process today. This milestone marks one of the final stages before the presentation of its plan of reorganization. LATAM forecasts recovering 2019 profitability by 2024, and a 78% operational result increase by 2026 when compared to pre-crisis.

As part of its exit financing process, LATAM has received several offers to date from its most significant claim holders and its majority shareholders, each of which provides more than US$ 5 billion of new funds, reaffirming the market’s confidence in LATAM.

LATAM Business Plan Highlights

The business plan includes a vision of the demand recovery, the fleet plan, and financial and operational projections through 2026, in addition to other information. In particular, the group forecasts a return to pre-pandemic capacity (measured in ASKs) by 2024 and a growth of 7% by 2026, compared to 2019, resulting from an estimated recovery of the domestic markets by 2022 and the international ones by 2024, in line with market consensus.

The recovery is supported by LATAM Airlines Brazil’s domestic market’s operational ramp-up to date, which reached a capacity (measured in ASKs) of 77% in August, compared to 2019, and is forecast to surpass 100% of 2019 levels in the beginning of 2022. The domestic markets of the affiliates in Colombia, Ecuador, Peru and  Chile have already reached 72% in August, while the international recovery of the group, both regional and long-haul continues to be affected by travel restrictions.

Total revenues are projected to increase 13% by 2026 with passenger revenues growing 8% and cargo revenues increasing  59% compared to 2019.

Cost reduction initiatives addressed during the Chapter 11 process, including leveraging LATAM’s digital transformation to improve efficiency, supplier renegotiations and fleet restructuring, amount to over US$900 million annually and have allowed LATAM to structurally change its cost base. Fleet costs alone note annual cash cost savings of over 40% compared to 2019. The group also expects improvements in its passenger CASK (cost per ASK) ex-fuel, which before the impact of inflation, is estimated to be 3.3 cents in 2024, with certain domestic operations even lower. Furthermore, LATAM has increased the variable portion of its cost structure from 65% in 2019 to 80% in 2021-2022, which will allow the group to better adapt to the nonlinear demand recovery path ahead.

LATAM projects an operating margin (EBIT) of 11.2% in 2026, the highest since 2010.

“Despite the dramatic crisis we have faced, we have taken full advantage of our restructuring, not only by becoming substantially more efficient, but also by cementing a better value proposition for customers, all of which has been reaffirmed by the significant interest we have received in providing exit financing” said LATAM Airlines Group SA, CEO Roberto Alvo. “We will emerge from this process as a highly competitive and sustainable group of airlines, with a very efficient cost structure, all the while maintaining the unparalleled network and connectivity that LATAM offers in all the markets it serves.”

Extension of Exclusivity Period Request

LATAM filed a motion seeking to extend the period of exclusivity to file a plan of reorganization through October 15, 2021, and to solicit acceptances of a plan through December 15, 2021.  The requested extensions will further LATAM’s development of a plan of reorganization that satisfies its exit capital and financing needs and assist in negotiations with the various stakeholders in its Chapter 11 proceedings.

Update on LATAM’s Chapter 11 Process

LATAM is currently negotiating with various stakeholders in order to agree on a plan of reorganization and exit financing to successfully emerge from Chapter 11 in compliance with all applicable laws.

Over the last few months, as part of the Chapter 11 process, LATAM has developed and made available certain material non-public information to stakeholders that are under non-disclosure agreements. Such information includes five-year projections and an initial estimate (high and low scenarios) of its total claims. This initial estimate amounts to approximately US$ 8 billion in the low scenario (US$14.2 billion including inter company claims) and US$ 9.9 billion in the high scenario (US$16 billion including inter company claims).

In accordance with the terms of these non-disclosure agreements and in furtherance of the process, LATAM has made certain disclosures today by the issuance of material facts in Chile and by the filing of Forms 6-K in the United States, which include LATAM’s financial projections, and other information regarding the Chapter 11 proceedings.

Also, in connection with these negotiations, LATAM provided an indicative proposed structure for its reorganization which sought approximately US $5 billion of equity financing and contemplated a consensual plan among stakeholders which required, among other things, the compromise by stakeholders of certain rights and compliance with both US Bankruptcy Code and Chilean law. In response to its request for proposals, LATAM has received certain non-binding exit capital/financing and restructuring proposals from its most significant claim holders and its majority shareholders. Each  proposal contemplates raising in excess of US$ 5 billion through the issuance of new debt and equity in LATAM Airlines Group S.A., which would be backstopped by the parties making the proposal. In addition, in each proposal, the proponents contemplate that if such proposal is approved and implemented, it would result in the substantial dilution of existing shares of LATAM Airlines Group S.A.


LATAM will continue to engage regarding the proposals with the proponents and other stakeholders, some of whom have agreed to remain under confidentiality agreements. LATAM is focused on ensuring that any exit strategy allows it to emerge with a robust capital structure, adequate liquidity, and the ability to successfully execute its business plan. Any plan will be implemented in compliance with the relevant requirements of the US Bankruptcy Code and Chilean law.


LATAM will keep its shareholders and the market informed regarding the progress in the Chapter 11 proceedings. Additionally, it contemplates summoning its shareholders to an extraordinary shareholders meeting when appropriate, subject to the progress of the negotiations with the various stakeholders which are currently ongoing.

LATAM ends the second quarter with US$2.3 billion of liquidity and projects improved operational prospects for the rest of the year

LATAM issued this statement:

As part of the delivery of the results for the second quarter of the year, LATAM Group reported that it foresees better operational prospects for the next six months, despite the profound impact of the pandemic in Latin America since the start of the year. As a result, the group plans to reach a capacity greater than 50% (measured in ASK and compared to 2019 levels) by the end of the third quarter of 2021, which would represent LATAM Group’s highest level of operation since the pandemic began.

In turn, the group reported that it ended the quarter with US $2.3 billion of available liquidity, US $1.5 billion in cash and US $800 million in undrawn, committed DIP financing.

Roberto Alvo, CEO of LATAM Airlines Group, said that “the new waves of the pandemic in the region generated a complex semester, which did not allow us to continue recovering our operation as we expected. However, progress in our restructuring plan was positive. In addition, we maintained our global leadership in punctuality, accelerated our cost reduction, launched our sustainability and inclusion plans, and ensured that our passengers flew comfortably and safely. We look forward to a more active second semester, always thinking of strengthening the group and taking care of our clients.”

In the second quarter, total revenues amounted to US $888.7 million, a 62.5% decrease compared to the same period in 2019. Passenger revenues fell 77.4%, though partially offset by an increase of 37.5% in cargo revenues, both compared to the same period of 2019. Cargo operations continue to stand out for their contribution to the group, reaching revenues of US $370.2 million during the quarter, mainly driven by the cargo freighters, which reached historic utilization levels after a strong import and export scenario.

For their part, costs decreased 46.5% in relation to the same period of 2019, reaching US $1.2 billion, reflecting the notable effort made by the group to reduce and vary its fixed costs.

Operating income recorded losses of US $357.7 million in the analyzed quarter.

A notable event of this period, and which is related to the projection of the LATAM Group in the long term, was the launch of its sustainability strategy, which is based on four pillars of action: climate change, environmental management, circular economy and shared value – measures with which the Group will seek to offset 50% of its domestic emissions by 2030, establishing a path to be carbon neutral by 2050.


In May, the group resumed its recycling activities, which were temporarily suspended due to the pandemic, including the restart of the LATAM Airlines Chile “Recycle Your Trip” program and the “Second Flight” uniform recycling program of LATAM Airlines Peru. These will be extended to other subsidiaries of the group during 2021. Additionally, the group recently announced the formalization of alliances between its Solidarity Plane program and various foundations and organizations in both Chile and Brazil. In the first case, LATAM is working with DKMS, Coaniquem, América Solidaria, TECHO, Minsal and Fundación Fútbol Más. In Brazil, the group has new alliances with the Brazilian Association for the Defense of Women, Children and Youth (Asbrad), Burning Support Institute (IAQ), National Civil Defense and the Brazilian Institute for the Environment and Renewable Natural Resources (Ibama).

LATAM to continue transporting COVID-19 vaccines at no cost within the countries where it operates throughout 2021

LATAM Cargo (Colombia) Boeing 767-316F ER WL N532LA (msn 30780) MIA (Brian McDonough). Image: 948957.

LATAM has issued this statement:

LATAM Airlines Group reported that it will continue to transport vaccines at no cost within the countries where it operates throughout 2021 through its Solidarity Plane program.

To date, the group has transported over 23.7 million vaccines against COVID-19 within South America, through more than 300 flights in the domestic markets of Brazil, Chile, Ecuador and Peru.

More than 50 towns have benefited from the doses, including those located in difficult access points including Easter Island in Chile, Galapagos in Ecuador, Iquitos in Peru. In Brazil, doses have been moved to all states, as a result of the country’s current health crisis.

After the arrival of the first shipments of vaccines to the region in December 2020, LATAM made the free transport of doses available to the authorities of the governments of the countries where it has domestic operations.

Since the beginning of the pandemic to date, Solidarity Plane has transported more than 480 tons of medical supplies, benefiting Argentina, Brazil, Chile, Colombia, Ecuador and Peru. At the same time, more than 1.400 organs and tissues were mobilized within South America and the transfer of stem cells was carried out for ten people with blood cancer, who were able to receive a second chance at life. In passenger transport, more than 1.300 health professionals were able to travel to meet different needs related to Covid-19 in the countries that LATAM operates with domestic flights.

Through LATAM Cargo, the group has transported over 48 million vaccines to South America and within the countries in which it operates. LATAM Cargo is the first airline in the American continent, and the only one in the region, to obtain the CEIV Pharma (IATA) certification. This voluntary certificate internationally certifies that facilities, equipment, operations and personnel meet all applicable standards, regulations and guidelines expected by pharmaceutical manufacturers

Last week, LATAM announced plans to continue transporting vaccines at no cost within the countries where it operates throughout 2021.

Top Copyright Photo: LATAM Cargo (Colombia) Boeing 767-316F ER WL N532LA (msn 30780) MIA (Brian McDonough). Image: 948957.

LATAM Airlines aircraft slide show:


LATAM Group adjusts operational projection to 25% in April

Delivered on December 23, 2019

LATAM estimates the passenger operation in April 2021 to reach 25% (measured in available seat kilometers – ASK) compared to the same month in 2019 and a pre-pandemic context. This operational projection is in line with the demand, which has been affected by new border closures and passenger travel restrictions due to the current impact of COVID-19 in the region.

The group plans to operate approximately 400 daily domestic and international flights this month, connecting 114 destinations in 15 countries. Meanwhile, in the Cargo Division, there are more than 1,150 cargo freighter flights scheduled.

All projections are subject to the evolution of the pandemic, as well as travel restrictions in the countries where LATAM operates.

During March 2021, passenger traffic (measured in revenue passenger-kilometers – RPK) was 22.6% in relation to the same period in 2019, based on an operation of 31.5% (measured in available seat-kilometers – ASK) compared to March 2019. As a result, the load factor decreased 23.3% percentage points to 59.5%.

With regard to the cargo operation, the load factor in March reached 67.2%, 9.1 percentage points higher than the same month of 2019.

LATAM Group Operational Estimate – April 2021 (measured in ASK):

Brazil ● 27% projected operation (versus April 2019) ○ 38% domestic and 16% international ● Total April routes: 72 domestic (equivalent to 190 daily flights) and 9 international.

Chile ● 18% projected operation (versus April 2019) ○ 50% domestic and 5% international ● Total April routes: 17 domestic (equivalent to 66 daily flights) and 11 international.

Colombia ● 64% projected operation (versus April 2019) ○ 107% domestic and 26% international ● Total April routes: 23 domestic (equivalent to 99 daily flights) and 2 international.

Ecuador ● 20% projected operation (versus April 2019) ○ 54% domestic and 11% international ● Total April routes: 6 domestic (equivalent to 14 daily flights) and 3 international.

Peru ● 31% projected operation (versus April 2019)○ 48% domestic and 25% international ● Total April routes: 18 domestic (equivalent to 67 daily flights) and 15 international.

Cargo Division ● 78% projected operation (versus April 2019) ○ 61% domestic belly y 36% international belly* ○ 128% freighter

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

Top Copyright Photo: LATAM Airlines (Chile) Boeing 787-9 Dreamliner CC-BGP (msn 38469) LAX (Michael B. Ing). Image: 953352.

LATAM Airlines aircraft slide show:

Passenger travel in South America is hampered by border closures, air cargo surges

Surging cases of COVID-19 in South America is forcing governments to restrict between borders which is affecting air travel.

Chile has closed its borders for the month of April.

Bolivia has closed its border Brazil.

Peru had an Easter lockdown.

While passenger air travel remains low in South America, while air cargo is surging.

Previously LATAM Airlines Group announced a significant expansion of its cargo operations with the conversion of up to eight Boeing 767-300ER aircraft into Boeing Converted Freighters (BCF) in the next three years. This represents a freighter capacity growth of up to 80%. This plan seeks to increase the service options and leverage the synergies of operating a single type of aircraft.

The plan is divided in two gradual stages. The first phase is based on four confirmed conversion slots with Boeing with re-deliveries between 2021 and 2022. Upon completion of that phase, LATAM’s cargo operators’ fleet would reach a total of 15 Boeing 767-300ER freighters. The second phase includes four conversion options with Boeing that would allow aircraft to be added between 2022 and 2023. If all options are executed LATAM would operate a total of 19 767-300ER freighters.

“Despite the deep crisis the industry is enduring due to the pandemic, we maintain our commitment to support the region’s exporters and importers by providing them with more and better options to carry their cargo to their destinations. As a result, we growth plan have been accelerated with conversion of up to eight Boeing 767-300ERs in the next 30 months. This investment, together with the significant cost efficiencies that we have generated during the Chapter 11 process, puts us closer to achieving our aspiration of being the best alternative for cargo customers,” said Roberto Alvo, CEO of LATAM Airlines Group.

Andrés Bianchi, LATAM Cargo’s CEO, highlighted the advantages of the Boeing 767-300ER freighter. “Combining the passenger belly operations of LATAM Airlines Group with 15 to 19 Boeing 767-300ER freighters efficiently strengthens our customer value proposition. These conversions will enable the cargo affiliates to grow in key segments such the Colombian flower market or imports to Brazil. It also allows our affiliates to expand their network in domestic markets where e-commerce is rapidly generating an increase in air cargo traffic. Growing with Boeing 767-300CFs freighters is extremely efficient as it is the optimal aircraft for all these undertakings and we can take advantage of the benefit of operating a single fleet type.”

LATAM Cargo (Colombia) Boeing 767-316F ER WL N540LA (msn 35229) MIA (Ken Petersen). Image: 948857.

Copyright Photo: LATAM Cargo (Colombia) Boeing 767-316F ER WL N540LA (msn 35229) MIA (Ken Petersen). Image: 948857.

Throughout 2020, LATAM Cargo played an active and vital role in ensuring essential supplies reached Latin American countries, especially in places with extreme and difficult-to-access areas like in countries such as Brazil, Chile, Colombia, Ecuador, and Peru. LATAM also worked to safeguard the supply from the import and export sectors in South America, even increasing their shipment frequencies by more than 40% in some markets. To achieve these results, LATAM operated passenger planes for the exclusive transport of cargo.

In addition, during the pandemic, LATAM landed for the first time in China, searching for medical supplies for South America, ultimately making more than 80 flights to the Asian continent. LATAM currently continues to make trips to Europe and China to transport COVID-19 vaccines into the region, and the LATAM Group’s Solidarity Plane Program has made its resources available for the free transport of vaccines in domestic markets.

Delta and LATAM sign trans-American joint venture agreement

Delta Air Lines and LATAM Airlines Group and its affiliates have signed a trans-American Joint Venture Agreement that, once regulatory approvals where required are granted, will combine the carriers’ highly complementary route networks between North and South America, providing customers with a seamless travel experience and industry-leading connectivity.

“Late last year, we set out to build the leading strategic alliance in Latin America together with LATAM, and while the industry landscape has changed, our commitment to this joint venture is as strong as ever,” said Delta CEO Ed Bastian. “Even as our carriers contend with the impact of COVID-19 on our business and take steps to protect the safety of our customers and employees, we are also building the airline alliance we know they’ll want to fly in the future.”

“While we remain focused on navigating the COVID-19 crisis and protecting the safety and well-being of our passengers and employees, we also have to look to the future to ensure the best possible customer experience and support the long-term sustainability of the group,” said Roberto Alvo, CEO, LATAM Airlines Group. “Our bilateral strategic alliance with Delta remains a priority and we firmly believe that it still promises to offer customers the leading travel experience and connectivity in the Americas.”

Since September 2019, Delta and LATAM have achieved various milestones in their framework agreement with customer benefits including:

  • Codeshare agreements between Delta and LATAM’s affiliates in Peru, Ecuador, Colombia and Brazil that allow customers to purchase flights and access onward destinations in their respective networks and will be expanded to cover long-haul flights between the United States/Canada and South America, as well as regional flights. Delta and LATAM’s affiliates in Chile and Argentina also plan to sign codeshare agreements in the coming weeks.
  • Frequent flyer benefits: Delta SkyMiles members can earn and use miles on LATAM flights, while LATAM Pass members can earn and use miles on Delta flights across their respective networks. Reciprocal top tier loyalty recognition is expected to be available during June 2020.
  • Smoother connections at hub airports: Customers can easily connect between Delta and LATAM flights in hub airports where the carriers have collocated, including Terminal 4 at John F. Kennedy International Airport (New York City) and Terminal 3 at São Paulo’s Guarulhos Airport.
  • Mutual lounge access: Eligible LATAM customers can access the Delta Sky Club in New York-JFK and eligible Delta customers can access LATAM’s lounge in Bogota/BOG. Expanded reciprocal lounge access at airports throughout the Americas is planned for June 2020.