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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

 

June 10, 2019

 

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  ☒             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 May 2019

 

Santiago, Chile, June 10, 2019– 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 May 2019 compared with the same period of 2018.

 

System passenger traffic (measured in revenue passenger kilometers (RPK)) increased 6.4%, while capacity rose by 3.0%. As a result, the Company’s load factor for the month increased 2.7 percentage points to 83.6%. International passenger traffic accounted for approximately 59% 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.

 

   May       Year to Date     
   2019   2018   % Change   2019   2018   % Change 
                         
LATAM AIRLINES PASSENGER OPERATIONS                
                 
REVENUE PASSENGER KILOMETERS (million)                
SYSTEM   9,873    9,275    6.4%   51,436    48,537    6.0%
DOMESTIC SSC (1)   1,604    1,478    8.5%   8,997    8,009    12.3%
DOMESTIC BRAZIL (2)   2,486    2,339    6.3%   12,625    12,278    2.8%
INTERNATIONAL (3)   5,783    5,458    6.0%   29,814    28,251    5.5%
                               
AVAILABLE SEAT KILOMETERS (million)                     
SYSTEM   11,805    11,461    3.0%   61,301    57,729    6.2%
DOMESTIC SSC (1)   2,019    1,848    9.3%   10,927    9,688    12.8%
DOMESTIC BRAZIL (2)   3,130    3,109    0.7%   15,499    15,269    1.5%
INTERNATIONAL (3)   6,656    6,504    2.3%   34,874    32,772    6.4%
                               
PASSENGER LOAD FACTOR                     
SYSTEM   83.6%   80.9%   2.7pp   83.9%   84.1%   -0.2pp
DOMESTIC SSC (1)   79.4%   80.0%   -0.6pp   82.3%   82.7%   -0.3pp
DOMESTIC BRAZIL (2)   79.4%   75.2%   4.2pp   81.5%   80.4%   1.0pp
INTERNATIONAL (3)   86.9%   83.9%   3.0pp   85.5%   86.2%   -0.7pp
                               
PASSENGERS BOARDED (thousand)                     
SYSTEM   5,741    5,287    8.6%   29,480    27,617    6.7%
DOMESTIC SSC (1)   1,999    1,806    10.7%   10,450    9,248    13.0%
DOMESTIC BRAZIL (2)   2,406    2,182    10.2%   11,920    11,480    3.8%
INTERNATIONAL (3)   1,336    1,299    2.9%   7,110    6,890    3.2%
                               
LATAM AIRLINES CARGO OPERATIONS                     
                               
REVENUE TON KILOMETERS  (Cargo) (million)                     
SYSTEM   287    303    -5.3%   1,470    1,480    -0.6%
                               
AVAILABLE TON KILOMETERS (Cargo) (million)                     
SYSTEM   508    559    -9.0%   2,621    2,681    -2.3%
                               
CARGO LOAD FACTOR                     
SYSTEM   56.4%   54.2%   2.3pp   56.1%   55.2%   0.9pp

 

 

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.

Investor Relations

InvestorRelations@latam.com

Tel: (56-2) 2565-8765

www.latamairlinesgroup.net

 

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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 142 destinations in 26 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, Africa and Asia.

 

The Group employs approximately 41.000 people worldwide, operating more than 1,300 flights per day and transporting 69 million passengers per year.

 

LATAM Airlines Group has a young and modern fleet. Its 313 aircraft average an age of around nine years and feature the latest models including the Boeing 787, Airbus A350, A321 and A320neo.

 

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 2018, it was recognized by the index for sustainable practices, based on economic, social and environmental criteria, for the fifth 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 http://www.latamairlinesgroup.net

 

Note on Forward-Looking Statements

 

This report contains forward-looking statements. Such statements may include words such as “may” “will,” “expect,” “intend,” “anticipate,” “estimate,” “project,” “believe” or other similar expressions. Forward-looking statements are statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on LATAM’s current plans, estimates and projections and, therefore, you should not place undue reliance on them. Forward-looking statements involve inherent known and unknown risks, uncertainties and other factors, many of which are outside of LATAM’s control and difficult to predict. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors and uncertainties include in particular those described in the documents we have filed with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them, whether in light of new information, future events or otherwise.

 

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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: June 10, 2019 LATAM AIRLINES GROUP S.A.
   
  By: /s/ Ramiro Alfonsin
  Name:  Ramiro Alfonsin
  Title: CFO of LATAM Airlines Group.

 

 

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