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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

 

July 2020

 

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 S.A.

 

The following exhibit is attached:

 

EXHIBIT NO.   DESCRIPTION
99.1   LATAM Airlines Group reports preliminary monthly statistics for June 2020

 

1

 

 

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: July 9, 2020 LATAM AIRLINES GROUP S.A.
     
  By: /s/ Ramiro Alfonsin
  Name: Ramiro Alfonsin
  Title: CFO of LATAM Airlines Group

 

 

2

 

Exhibit 99.1

  

 

 

LATAM Airlines Group reports preliminary monthly statistics for June 2020

 

Santiago, Chile, July 9, 2020– LATAM Airlines Group S.A. and its subsidiaries, (“LATAM Airlines Group” or “the Company”) (IPSA: LTM) today reported its preliminary monthly traffic statistics for June 2020 compared with the same period of 2019.

 

System passenger traffic (measured in revenue passenger kilometers (RPK)) decreased 95.2%, while capacity fell 93.6%. As a result, the Company’s load factor for the month decreased 21.6 percentage points to 61.4%. International passenger traffic accounted for approximately 30% 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.

 

   June      Year to Date     
   2020   2019   % Change   2020   2019   % Change 
LATAM AIRLINES PASSENGER OPERATIONS                
REVENUE PASSENGER KILOMETERS (million)                
SYSTEM   456    9,568    -95.2%   29,894    61,003    -51.0%
DOMESTIC SSC (1)   72    1,619    -95.6%   5,742    10,616    -45.9%
DOMESTIC BRAZIL (2)   248    2,362    -89.5%   9,096    14,987    -39.3%
INTERNATIONAL (3)   136    5,587    -97.6%   15,056    35,401    -57.5%
                               
AVAILABLE SEAT KILOMETERS  (million)                              
SYSTEM   742    11,524    -93.6%   37,655    72,824    -48.3%
DOMESTIC SSC (1)   121    2,021    -94.0%   7,302    12,948    -43.6%
DOMESTIC BRAZIL (2)   371    2,999    -87.6%   11,438    18,498    -38.2%
INTERNATIONAL (3)   249    6,503    -96.2%   18,914    41,378    -54.3%
                               
PASSENGER LOAD FACTOR                              
SYSTEM   61.4%   83.0%   -21.6pp   79.4%   83.8%   -4.4pp
DOMESTIC SSC (1)   59.1%   80.1%   -21.0pp   78.6%   82.0%   -3.4pp
DOMESTIC BRAZIL (2)   66.7%   78.8%   -12.0pp   79.5%   81.0%   -1.5pp
INTERNATIONAL (3)   54.6%   85.9%   -31.3pp   79.6%   85.6%   -6.0pp
                               
PASSENGERS BOARDED (thousand)                              
SYSTEM   273    5,569    -95.1%   18,294    35,049    -47.8%
DOMESTIC SSC (1)   59    2,032    -97.1%   6,575    12,482    -47.3%
DOMESTIC BRAZIL (2)   194    2,255    -91.4%   8,217    14,175    -42.0%
INTERNATIONAL (3)   21    1,282    -98.4%   3,501    8,392    -58.3%
                               
LATAM AIRLINES CARGO OPERATIONS                              
                               
REVENUE TON KILOMETERS  (Cargo) (million)                              
SYSTEM   248    278    -10.9%   1,549    1,748    -11.4%
                               
AVAILABLE TON KILOMETERS (Cargo) (million)                              
SYSTEM   310    504    -38.5%   2,506    3,125    -19.8%
                               
CARGO LOAD FACTOR                              
SYSTEM   79.9%   55.1%   24.7pp   61.8%   55.9%   5.9pp

 

 

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.

Investor Relations

InvestorRelations@latam.com

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. Prior to the COVID-19 crisis, it offered services to 145 destinations in 26 countries, including six domestic markets in South America – Argentina, Brazil, Chile, Colombia, Ecuador and Peru – in addition to international operations in Latin America, Europe, the United States, the Caribbean, Oceania, Africa and Asia.

 

In 2019, the airline group transported over 74 million passengers, operating approximately 1,400 flights per day. Last year, it ranked as the world’s most on-time ‘global network airline’ by Cirium and most punctual ‘mega airline’ by OAG, also being voted the ‘best airline in South America’ in the Skytrax World Airline Awards 2019.

 

LATAM Airlines Group has over 300 aircraft in its fleet, featuring the Boeing 787, Airbus A350, A321 and A320neo.

 

LATAM Airlines Group is the only airline group in the Americas and one of three worldwide to be part of the Dow Jones Sustainability ‘World’ Index. In 2019, it was recognized by the index for sustainable practices, based on economic, social and environmental criteria, for the sixth consecutive year.

 

For further information visit www.latam.com. For financial information: 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.

 

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.