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LATAM Group Transports More Than 20 Million Passengers During The First Quarter Of The Year

LATAM group noted a historic quarter in terms of operating statistics: capacity (ASK) and passenger traffic (RPK), as well as in the number of passengers transported, according to the March 2024 operating statistics reported by the group.


In the first three months of the year, LATAM group transported 20.2 million passengers, which represents an increase of 19.4% compared to the same quarter of 2023. This is explained by a 32.5% increase in passengers transported in the international segment, 26.0% in the domestic markets of the affiliates of Chile, Colombia, Ecuador and Peru and 9.1% in the domestic market of the affiliate in Brazil. In March 2024, LATAM group transported 6.7 million passengers, which represents an increase of 16.9% versus the same month of 2023.


Regarding capacity (measured in available seats kilometers - ASK), in the first quarter of 2024, LATAM group increased its consolidated offer by 17.5% compared to the first quarter of 2023, exceeding 2019 levels by 1.2%. Specifically in March, the group increased its consolidated capacity by 17.8%.


Consolidated passenger traffic (measured in revenue passenger kilometers - RPK) grew 22.3% during the first quarter of 2024, compared to the same period of last year. During the month, passenger traffic grew 22.2% compared to the same period of 2023, driven by a 31.1% increase in international demand, 17.1% in domestic demand from affiliates in Chile, Colombia, Peru and Ecuador and 11.8% of the domestic demand of the Brazilian affiliate.


As a result, the consolidated load factor in March reached 83.1%, which represents an increase of 3.0 percentage points compared to the same period of 2023. Notably, the domestic load factor of the Brazilian affiliate increased 5.1 percentage points during this month.


Cargo capacity (measured in available ton kilometers - ATK) LATAM group increased by 13.8% versus March 2023, reaching 655 million available ton-kilometers.


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