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LATAM AIRLINES GROUP S.A.

Foreign Filer Report Apr 9, 2018

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6-K 1 s109613_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

April 9, 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 x 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 March 2018

Santiago, Chile, April 9, 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 March 2018 compared to March 2017.

System passenger traffic increased 4.4%, while capacity rose by 2.8%. As a result, the Company’s load factor for the month increased 1.3 percentage points to 87.2%. International passenger traffic accounted for approximately 58% 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.

| | March — 2018 | 2017 | %
Change | Year
to Date by March — 2018 | 2017 | %
Change |
| --- | --- | --- | --- | --- | --- | --- |
| LATAM
AIRLINES PASSENGER OPERATIONS | | | | | | |
| REVENUE
PASSENGER KILOMETERS (million) | | | | | | |
| SYSTEM | 9,784 | 9,375 | 4.4 % | 30,384 | 29,325 | 3.6 % |
| DOMESTIC
SSC (1) | 1,634 | 1,534 | 6.5 % | 5,274 | 5,036 | 4.7 % |
| DOMESTIC
BRAZIL (2) | 2,506 | 2,457 | 2.0 % | 7,608 | 7,455 | 2.1 % |
| INTERNATIONAL
(3) | 5,644 | 5,384 | 4.8 % | 17,503 | 16,835 | 4.0 % |
| AVAILABLE
SEAT KILOMETERS (million) | | | | | | |
| SYSTEM | 11,620 | 11,306 | 2.8 % | 35,619 | 34,613 | 2.9 % |
| DOMESTIC
SSC (1) | 1,992 | 1,932 | 3.1 % | 6,306 | 6,134 | 2.8 % |
| DOMESTIC
BRAZIL (2) | 3,121 | 3,067 | 1.8 % | 9,249 | 9,077 | 1.9 % |
| INTERNATIONAL
(3) | 6,507 | 6,307 | 3.2 % | 20,064 | 19,403 | 3.4 % |
| PASSENGER
LOAD FACTOR | | | | | | |
| SYSTEM | 84.2 % | 82.9 % | 1.3
pp | 85.3 % | 84.7 % | 0.6
pp |
| DOMESTIC
SSC (1) | 82.0 % | 79.4 % | 2.7
pp | 83.6 % | 82.1 % | 1.5
pp |
| DOMESTIC
BRAZIL (2) | 80.3 % | 80.1 % | 0.2
pp | 82.3 % | 82.1 % | 0.1
pp |
| INTERNATIONAL
(3) | 86.7 % | 85.4 % | 1.4
pp | 87.2 % | 86.8 % | 0.5
pp |
| PASSENGERS
BOARDED (thousand) | | | | | | |
| SYSTEM | 5,611 | 5,416 | 3.6 % | 17,286 | 16,685 | 3.6 % |
| DOMESTIC
SSC (1) | 1,878 | 1,750 | 7.3 % | 5,878 | 5,571 | 5.5 % |
| DOMESTIC
BRAZIL (2) | 2,341 | 2,341 | 0.0 % | 7,098 | 6,996 | 1.5 % |
| INTERNATIONAL
(3) | 1,392 | 1,326 | 5.0 % | 4,310 | 4,118 | 4.7 % |

| LATAM
AIRLINES CARGO OPERATIONS | | | | | | |
| --- | --- | --- | --- | --- | --- | --- |
| REVENUE
TON KILOMETERS (Cargo) (million) | | | | | | |
| SYSTEM | 306 | 270 | 13.6 % | 882 | 810 | 8.8 % |
| AVAILABLE
TON KILOMETERS (Cargo) (million) | | | | | | |
| SYSTEM | 528 | 503 | 4.9 % | 1,610 | 1,533 | 5.0 % |
| CARGO
LOAD FACTOR | | | | | | |
| SYSTEM | 58.1 % | 53.6 % | 4.4
pp | 54.8 % | 52.9 % | 1.9
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 137 destinations in 24 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 company is employing over 43,000 people worldwide, operating more than 1,300 flights per day and transporting 67 million passengers per year.

LATAM Airlines Group has one of the youngest and most modern fleets in the world. Its 315 aircraft average an age of approximately seven years and feature the latest variants, including the Boeing 787, Airbus A350, A321 and A320neo.

LATAM Airlines Group (formerly LAN Airlines) comprises subsidiaries in Peru, Argentina, Colombia and Ecuador as well as LATAM CARGO and its subsidiaries; in addition to TAM S.A and its subsidiaries, TAM Linhas Aéreas S.A. (LATAM Airlines Brasil) and its business units TAM Transportes Aéreos Del Mercosur S.A. (LATAM Airlines Paraguay) and Multiplus S.A.

LATAM is the brand adopted by LATAM Airlines Group member airlines, and is being rolled-out in its products and services as part of a gradual integration plan.

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 2017, it was recognized by the index for sustainable practices, based on economic, social and environmental criteria, for the fourth 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:April 9,
2018 | |
| --- | --- |
| By: | /s/ Ramiro Alfonsín |
| Name: | Ramiro Alfonsín |
| Title: | Chief Financial Officer |

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