During 2023, LATAM Airlines Group registryó a growth of 23,9% in comparisonón with 2022 and with a liquidity of US $ 2,815 million.
LATAM announced today its financial results corresponding to the fourth quarter and theñor complete of 2023, showing a sóread performñor financial and operational during said períDoor with net profits of US $ 582 million.
At the close of 2023, LATAM registryó income for US $ 11,789 million, 23,9% más that in 2022, reaching an adjusted operational margin of 11,3%. In the fourth quarter of 2023, The group obtained income for US $ 3,251 million, 18,5% más that the same períI smell the añprevious one, explained mainly for the sustained growth of passenger income, that increased a 24,3% in relationón to the úlast three months of 2022.
Positive results in 2023 para LATAM Airlines
LATAM Airlines Group cerró the 2023 with an sóread performñor financial and operational, reflecting the resilience and commitment of the companyñíA with recoveryón post pandemia. Nextón, I detail some of the m milesás relevant shared by the airlineínea:
Financial results:
- Net utility: US $ 582 million
- Income: US $ 11,789 million (increase in 23,9% with respect to 2022)
- Adjusted operational margin: 11,3%
- Liquidity: US $ 2,815 million
- Net indebted ratio: 2,1 times (the más low in the history of Latam)
Operational milestones:
- passengers transported: 74 millions (similar a 2019)
- International passenger increase: 50,1%
- Recover usón the Ask: 95,5% of the levels of 2019
- new planes: 30 (5 long -range and 25 short -range)
- New routes: 21 (17 international and 4 doméstatic)
- Participationómarket number: Increase in Colombia (9 percentage points)
- Reductionón of plásolo use stics: 96%
- Solidarity alliances: 50 in five paíson of Sudamérica
Improvements for customers:
- Premium cabin on all flights
- Wifi in the 65% of the fleet
- New website with complementary services
- NPS: 48 p.p. (increase in 2 p.p. with respect to 2022)
- Load: NPS DE 58 p.p. (increase in 7 p.p. with respect to 2022)
Recognition:
- LATAM Pass: «Best A programñO» por Frequent Traveler Awards 2023
- LATAM Airlines Group: «Best Aerol Groupílines of the regionón» por Skytrax World Airline Awards 2023 (Fourth añthe consecutive)
Projections for 2024:
- Passenger growth: 12% a 14% (ASK)
- Adjusted ebitdar: US $ 2.6 billion at US $ 2.9 billion
- Net indebted ratio: 1,8 a 2,0 times
Last December, The LATAM Group Presentó Your Guidance for the 2024, Where projectó a growth of its passenger operations between 12% and 14% (measured in seats-kilómeters available – ASK), overcoming pre -syminal levels in the first quarter of thisñO. At the same time, the compañíWaiting for a adjusted ebitdar (earnings before interest, taxes, depreciation and amortization and rent costs by its acronym in Englishés) Between US $ 2.6 billion and US $ 2.9 billion, and a net indebted indebtedness ratio between 1,8 and 2,0 times.
