January 9, 2024 - LATAM group transported approximately 74 million passengers during 2023, representing an 18.3% increase compared to 2022 and reaching pre-pandemic levels, according to the December operational statistics delivered today by the group. This result was mainly driven by the increase in passengers transported in the domestic markets of the affiliates of Chile, Brazil, Colombia, Ecuador and Peru, while the international segment continues to recover. To date, LATAM group offers an expansive and robust network of connections to its passengers to 147 destinations in four continents.

LATAM group consolidated capacity, measured in available seat - kilometers (ASK), increased by 20.6% compared to 2022, in line with the updated guidance published last August. In December 2023, the group reported a 13.2% increase in its capacity, compared to the same month in 2022, and notably, the international segment increased 18.6% and the domestic markets of the affiliates in Chile, Colombia, Ecuador and Peru increased capacity by 16.3%.

Passenger traffic, measured in revenue passenger kilometers (RPK) increased by 23.1% annually, compared to 2022, mostly driven by a 39.4% increase in international demand during the year. Noticeably in December, passenger traffic increased 21.8%, compared to December 2022. All segments where the group operates noted increases: 29.1% in international routes, 21.7% in domestic markets of the affiliates in Chile, Colombia, Ecuador and Peru and 11.7% in the Brazilian domestic market.

On the other hand, during 2023, the group reported a consolidated passenger load factor of 83.1%, 1.7 percentage points higher than 2022. In December 2023, LATAM group reached a consolidated passenger load factor of 84.4%, thus representing a 6.0 percentage point increase compared to the results of December 2022.

In terms of cargo, during 2023 the capacity measured in available ton – kilometers (ATK) reached 7,171 million, increasing by 14.6% compared to 2022. In December 2023, ATKs had an 11.3% increase compared to December 2022, reaching 668 million available ton – kilometers.