LATAM Airlines Group S.A. Announces Consolidated Operating Results for the Month, Quarter and Year to Date Ended June 2024
July 09, 2024 at 06:10 am
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LATAM Airlines Group S.A. announced consolidated operating results for the month, quarter and year to date ended June 2024. For the month, the company reported Revenue Passenger Kilometers of 10,587 million against 9,001 million a year ago. Available Seat Kilometers were 12,570 million against 10,843 million a year ago. Passenger Load Factor was 84.2% against 83% a year ago. Passengers Boarded was 6,505,000 against 5,897,000 a year ago. Revenue Ton Kilometers (cargo) was 392 million against 281 million a year ago. Available Ton Kilometers (cargo) was 670 million against 572 million a year ago. Cargo Load Factor was 58.5% against 49.1% a year ago.
For the quarter, the company reported Revenue Passenger Kilometers of 31,028 million against 26,107 million a year ago. Available Seat Kilometers were 37,737 million against 32,476 million a year ago. Passenger Load Factor was 82.2% against 80.4% a year ago. Passengers Boarded was 19,135,000 against 17,128,000 a year ago. Revenue Ton Kilometers (cargo) was 1,111 million against 889 million a year ago. Available Ton Kilometers (cargo) was 2,008 million against 1,761 million a year ago. Cargo Load Factor was 55.3% against 50.5% a year ago.
For the year to date, the company reported Revenue Passenger Kilometers of 63,486 million against 52,637 million a year ago. Available Seat Kilometers were 76,198 million against 65,213 million a year ago. Passenger Load Factor was 83.3% against 80.7% a year ago. Passengers Boarded was 39,370,000 against 34,082,000 a year ago. Revenue Ton Kilometers (cargo) was 2,123 million against 1,791 million a year ago. Available Ton Kilometers (cargo) was 3,939 million against 3,464 million a year ago. Cargo Load Factor was 53.9% against 51.7% a year ago.
LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries. It operates through two segments: the Air transportation business and the Coalition and loyalty program Multiplus. It Air transportation segment corresponds to the route network for air transport. Its segment of Coalition and loyalty program called Multiplus is a frequent flyer programs, which operate as a unilateral system of loyalty that offers a flexible coalition system. The Company operates a fleet of over 329 aircrafts. Its passenger aircrafts include Airbus A319-100, Airbus A350-900, Boeing 767-300ER, Boeing 787-8, Boeing 787-9 and Boeing 777-300ER.