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LATAM AIRLINES GROUP S.A.

Foreign Filer Report Jun 10, 2019

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6-K 1 f6k061019_latamairlinesgroup.htm REPORT OF FOREIGN PRIVATE ISSUER

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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

June 10, 2019

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 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.

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 % 2.7 pp 83.9 % 84.1 % -0.2 pp
DOMESTIC SSC (1) 79.4 % 80.0 % -0.6 pp 82.3 % 82.7 % -0.3 pp
DOMESTIC BRAZIL (2) 79.4 % 75.2 % 4.2 pp 81.5 % 80.4 % 1.0 pp
INTERNATIONAL (3) 86.9 % 83.9 % 3.0 pp 85.5 % 86.2 % -0.7 pp
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 % 2.3 pp 56.1 % 55.2 % 0.9 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 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
By: /s/
Ramiro Alfonsin
Name: Ramiro Alfonsin
Title: CFO of LATAM Airlines Group.

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