LATAM Airlines Group reports preliminary monthly statistics for November 2015

DEC 14, 2015: LATAM Airlines Group, South America and its subsidiaries, the leading airline group in Latin America, reported its preliminary monthly traffic statistics for November 2015 compared to November 2014.

System passenger traffic increased by 2.1 percent while capacity increased by 3.3 percent. As a result, the Company’s load factor for the month decreased 1.0 points to 82.6 percent. International passenger traffic accounted for approximately 53 percent of the month’s total passenger traffic.

Domestic passenger traffic in LATAM Airlines Group’s Spanish speaking operations (Chile, Argentina, Peru, Ecuador and Colombia) rose 7.4 percent, while capacity increased by 6.8 percent. As a consequence, the domestic passenger load factor increased 0.5 points to 82.1 percent.

Domestic passenger traffic in Brazil decreased 11.9 percent, while capacity decreased by 9.6 percent. As a consequence, the domestic Brazil passenger load factor decreased by 2.1 points to 81.3 percent.

International passenger traffic increased by 9.9 percent, while capacity increased by 11.0 percent. Accordingly, the international passenger load factor for the month decreased 0.8 points to 83.6 percent. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic continues to be weak during the month of November especially in Brazil domestic and international markets. Additionally, weaker seasonal exports from Latin America contributed to the softness in demand. As a result, cargo traffic for LATAM Airlines Group decreased 13.7 percent in November, and the cargo load factor decreased 7.0 points to 56.9 percent. The Group continues to adjust cargo capacity through a reduced freighter operation, which resulted in a decline of 3.1 percent of cargo ATKs (available tonne kilometers) in November.