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LATAM Airlines Group reports preliminary monthly statistics for February 2024
March 08, 2024

March 8, 2024 - LATAM group reported its operating statistics for February 2024, in which it notes transporting more than 13.5 million passengers between January and February 2024, an increase of 20.6% compared to the same period of 2023.

In February, LATAM group transported 6.4 million passengers, which represents a 23.1% increase compared to the same month in 2023. During this period, the group transported 33.5% more international passengers than February of the previous year, 30.8% more domestic passengers from the affiliates of Chile, Colombia, Ecuador, and Peru, and 12.4% more passengers from the Brazilian affiliate.

In the second month of the year, the increase in consolidated capacity measured in available seat - kilometers (ASK) was 21.3% compared to February 2023, explained by a 27.3% growth in the domestic capacity of the affiliates of Chile, Colombia, Peru, and Ecuador, a 27.0% increase in the international segment, and a 10.0% increase in the Brazilian affiliate’s domestic capacity, surpassing the historically offered capacity by said affiliate in the same period in previous years.

Consolidated passenger traffic, measured in revenue - passenger kilometers (RPK), increased by 24.9% compared to February 2023, driven by an increase of 32.7% in international demand, a 27.7% increase in demand of the domestic markets of Chile, Colombia, Peru, and Ecuador, and an 11.6% increase in domestic demand of the Brazilian affiliate.

For the month, the group reported a consolidated passenger load factor of 84.4%, 2.5 percentage points higher than the same period of 2023, mainly explained by an increase in the international load factor of 3.7 percentage points, reaching 88.0%.

Finally, in February the cargo capacity, measured in available tons - kilometers (ATK), reached 617 million, which represents an increase of 15.5% of capacity compared to the same period of the previous year.