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LATAM AIRLINES GROUP S.A.

Foreign Filer Report Dec 10, 2018

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6-K 1 s114627_6k.htm 6-K

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 6-K

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REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

December 10, 2018

Commission File Number 1-14728

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LATAM Airlines Group S.A.

(Translation of Registrant’s Name Into English)

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Presidente Riesco 5711, 20th floor

Las Condes

Santiago, Chile

(Address of principal executive offices)

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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): ☐

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LATAM Airlines Group reports preliminary monthly statistics for November 2018

Santiago, Chile, December 10, 2018 – 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 November 2018 compared with the same period of 2017.

System passenger traffic increased 5.1%, while capacity rose by 6.4%. As a result, the Company’s load factor for the month fell 1.1 percentage points to 83.2%. International passenger traffic accounted for approximately 55% 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.

| | November — 2018 | 2017 | %
Change | 2018 | 2017 | %
Change |
| --- | --- | --- | --- | --- | --- | --- |
| LATAM
AIRLINES PASSENGER OPERATIONS | | | | | | |
| REVENUE
PASSENGER KILOMETERS (million) | | | | | | |
| SYSTEM | 10,082 | 9,595 | 5.1% | 108,472 | 105,661 | 2.7% |
| DOMESTIC SSC (1) | 1,859 | 1,747 | 6.4% | 18,342 | 17,728 | 3.5% |
| DOMESTIC BRAZIL (2) | 2,643 | 2,506 | 5.5% | 27,704 | 27,189 | 1.9% |
| INTERNATIONAL (3) | 5,580 | 5,343 | 4.5% | 62,426 | 60,744 | 2.8% |
| AVAILABLE
SEAT KILOMETERS (million) | | | | | | |
| SYSTEM | 12,113 | 11,384 | 6.4% | 130,552 | 124,458 | 4.9% |
| DOMESTIC SSC (1) | 2,228 | 2,107 | 5.7% | 22,373 | 21,718 | 3.0% |
| DOMESTIC BRAZIL (2) | 3,151 | 3,007 | 4.8% | 34,251 | 32,979 | 3.9% |
| INTERNATIONAL (3) | 6,733 | 6,270 | 7.4% | 73,928 | 69,762 | 6.0% |
| PASSENGER
LOAD FACTOR | | | | | | |
| SYSTEM | 83.2% | 84.3% | -1.1
pp | 83.1% | 84.9% | -1.8
pp |
| DOMESTIC SSC (1) | 83.4% | 82.9% | 0.5 pp | 82.0% | 81.6% | 0.4 pp |
| DOMESTIC BRAZIL (2) | 83.9% | 83.3% | 0.5 pp | 80.9% | 82.4% | -1.6 pp |
| INTERNATIONAL (3) | 82.9% | 85.2% | -2.3 pp | 84.4% | 87.1% | -2.6 pp |
| PASSENGERS
BOARDED (thousand) | | | | | | |
| SYSTEM | 5,997 | 5,715 | 4.9% | 62,635 | 61,266 | 2.2% |
| DOMESTIC SSC (1) | 2,185 | 2,034 | 7.4% | 21,745 | 20,826 | 4.4% |
| DOMESTIC BRAZIL (2) | 2,464 | 2,377 | 3.7% | 25,861 | 25,732 | 0.5% |
| INTERNATIONAL (3) | 1,348 | 1,304 | 3.3% | 15,028 | 14,708 | 2.2% |
| LATAM
AIRLINES CARGO OPERATIONS | | | | | | |
| REVENUE
TON KILOMETERS (Cargo) (million) | | | | | | |
| SYSTEM | 312 | 314 | -0.7% | 3,267 | 3,094 | 5.6% |
| AVAILABLE
TON KILOMETERS (Cargo) (million) | | | | | | |
| SYSTEM | 541 | 541 | 0.1% | 5,938 | 5,677 | 4.6% |
| CARGO
LOAD FACTOR | | | | | | |
| SYSTEM | 57.6% | 58.1% | -0.5
pp | 55.0% | 54.5% | 0.5
pp |

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INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.

Investor Relations

[email protected]

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 140 destinations in 25 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 and Africa.

The Group employs over 40.000 people worldwide, operating more than 1,300 flights per day and transporting 68 million passengers per year.

LATAM Airlines Group has a young and modern fleet. Its 312 aircraft average an age of around seven years and feature the latest models including the Boeing 787, Airbus A350, A321 and A320neo.

LATAM Airlines Group is the only airlines group in the Americas 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 www.latamairlinesgroup.net

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.

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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: December 10,
2018 | |
| --- | --- |
| By: | /s/ Ramiro Alfonsín |
| Name: | Ramiro Alfonsín |
| Title: | CFO of LATAM Airlines Group |

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