LATAM Airlines reaches 20% of its operating capacity in September
The company continues to show a gradual recovery of its passenger operation during the last three months
LATAM Airlines Group S.A. and its subsidiaries (“LATAM Airlines Group”, “LATAM Airlines Group” or “the Company”) (IPSA: LTM) continues to show a gradual recovery of its passenger operation during the last three months. In September it operated 20% of its capacity (measured in "available seat-kilometer" -ASK), while in August it was 13.9% and in July 9.2%, in relation to the same period of 2019. These results are given later. from a drastic reduction in LATAM's operation last April and May, 5.7% and 6.7% respectively, due to Covid -19.
Regarding the particular operation of September, passenger traffic (measured in “rented passenger kilometers” - RPK) was 16.9% of the traffic of the same period of the previous year, reaching a load factor of 69.6% (12.9 percentage points under the last year).
In September, LATAM Airlines Group offered more frequencies to domestic destinations in Chile, Brazil, Peru and Ecuador and restarted the domestic operation in Colombia. In international flights, the novelties were the routes Sao Paulo-Montevideo and Santiago-Montevideo, two weekly flights from Santiago to Los Angeles and New York respectively, an increase to three flights a week from Santiago to Madrid, in addition to the São Paulo / Guarulhos-New York. In Chile, LATAM flew 11 destinations, going from 20 to 35 daily frequencies.
In relation to the cargo operation, the load factor was 70.4% (16.9 percentage points over that registered in the same period of the previous year). LATAM Cargo has maximized the use of its B-767F cargo fleet and has used passenger aircraft for exclusive cargo transportation.