Form 6-K LATAM AIRLINES GROUP For: Dec 11

 

 

 

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

 

December 11, 2017

 

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  x             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 reports preliminary monthly statistics for November 2017

 

Santiago, Chile, December 11, 2017– LATAM Airlines Group S.A. and its subsidiaries, (“LATAM Airlines Group” or “the Company”) (NYSE: LTM / IPSA: LTM), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for November 2017 compared to November 2016.

 

System passenger traffic increased by 3.2%, in line with capacity. As a result, the Company’s load factor for the month decreased 0.1 points to 84.3%. International passenger traffic accounted for approximately 56% of the month’s total passenger traffic.

 

The following table summarizes traffic figures for the month and includes a year-to-date breakdown for LATAM’s main business units.

 

		November												Year to Date ending November
		2017				2016				% Change				2017				2016				% Change
LATAM AIRLINES PASSENGER OPERATIONS
REVENUE PASSENGER KILOMETERS (millions)
SYSTEM			9,595				9,301				3.2	%			105,661				103,732				1.9	%
DOMESTIC SSC (1)			1,747				1,722				1.4	%			17,728				17,597				0.7	%
DOMESTIC BRAZIL (2)			2,506				2,457				2.0	%			27,189				28,250				-3.8	%
INTERNATIONAL (3)			5,343				5,122				4.3	%			60,744				57,885				4.9	%
AVAILABLE SEAT KILOMETERS  (millions)
SYSTEM			11,384				11,028				3.2	%			124,458				123,139				1.1	%
DOMESTIC SSC (1)			2,107				2,104				0.1	%			21,718				21,727				0.0	%
DOMESTIC BRAZIL (2)			3,007				2,945				2.1	%			32,979				34,366				-4.0	%
INTERNATIONAL (3)			6,270				5,978				4.9	%			69,762				67,046				4.0	%
PASSENGER LOAD FACTOR
SYSTEM			84.3	%			84.3	%			-0.1	pp			84.9	%			84.2	%			0.7	pp
DOMESTIC SSC (1)			82.9	%			81.8	%			1.0	pp			81.6	%			81.0	%			0.6	pp
DOMESTIC BRAZIL (2)			83.3	%			83.4	%			-0.1	pp			82.4	%			82.2	%			0.2	pp
INTERNATIONAL (3)			85.2	%			85.7	%			-0.5	pp			87.1	%			86.3	%			0.7	pp
PASSENGERS BOARDED (thousands)
SYSTEM			5,715				5,563				2.7	%			61,266				61,189				0.1	%
DOMESTIC SSC (1)			2,034				2,004				1.5	%			20,826				20,893				-0.3	%
DOMESTIC BRAZIL (2)			2,377				2,331				2.0	%			25,732				26,500				-2.9	%
INTERNATIONAL (3)			1,304				1,228				6.3	%			14,708				13,795				6.6	%
LATAM AIRLINES CARGO OPERATIONS
REVENUE TON KILOMETERS  (Cargo) (millions)
SYSTEM			314				322				-2.4	%			3,094				3,145				-1.6	%
AVAILABLE TON KILOMETERS (Cargo) (millions)
SYSTEM			541				560				-3.5	%			5,677				6,131				-7.4	%
CARGO LOAD FACTOR
SYSTEM			58.1	%			57.5	%			0.6	pp			54.5	%			51.3	%			3.2	pp

 

 

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.

Investor Relations

[email protected]

Tel: (56-2) 2565-8765

www.latamairlinesgroup.net

 

 

 

 

About LATAM Airlines Group S.A.

 

LATAM Airlines Group is Latin America’s leading airline group with one of the largest route networks in the world, offering air services to around 140 destinations in 25 countries, and is present in six domestic markets in Latin America: Argentina, Brazil, Chile, Colombia, Ecuador and Peru, in addition to its international operations in Latin America, Europe, the United States, the Caribbean, Oceania and Africa.

 

The Group employs over 43.000 people worldwide, operating more than 1,300 flights per day and transporting 67 million passengers per year.

 

LATAM Airlines Group has a young and modern fleet. Its 304 aircraft average an age of around seven years and feature the latest models including the Boeing 787, Airbus A350, A321 and A320neo.

 

LATAM Airlines Group (formerly LAN Airlines) comprises affiliates in Peru, Argentina, Colombia and Ecuador as well as LATAM CARGO and its affiliates; in addition to TAM S.A and its affiliates, TAM Linhas Aéreas S.A. (LATAM Airlines Brasil) and its business units TAM Transportes Aéreos Del Mercosur S.A. (LATAM Airlines Paraguay) and Multiplus S.A.

 

LATAM is the brand adopted by LATAM Airlines Group member airlines and is being rolled-out in its products and services, as part of a gradual integration plan.

 

LATAM Airlines Group is the only airlines group in Latin America and one of three worldwide to be part of the Dow Jones Sustainability ‘World’ Index. In 2017, it was recognized by the index for sustainable practices, based on economic, social and environmental criteria, for the fourth consecutive year.

 

LATAM Airlines Group shares are traded on the Santiago Stock Exchange and the New York Stock Exchange in the form of ADRs.

 

For any commercial or brand related query, visit www.latam.com. Further financial information is available via www.latamairlinesgroup.net

 

Notes

 

(1)

Domestic SSC = Domestic passenger operations in Spanish speaking countries carried by LAN. Passenger statistics include domestic operations in Chile, Peru, Argentina, Ecuador and Colombia.

(2)

Domestic Brazil = Domestic passenger operations of TAM in Brazil.

(3)

International = International passenger operations of LAN and TAM.

 

 

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: December 11, 2017				LATAM AIRLINES GROUP S.A.
				By:		/s/ Ramiro Alfonsin
				Name:		Ramiro Alfonsin
				Title:		CFO at LATAM Airlines Group.

 

 

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