LATAM mobilizes more than 20 million passengers

Latam Airlines traffic transportation passengers 2024 first quarter flights airlines destinations Ecuador Peru Chile Colombia Brazil Argentina

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The LATAM Group reported that during the first quarter of 2024 transported more than 20 millions of passengers on their different flights, a historical record.

LATAM recorded a historic operational quarter in capacity (ASK) and passenger traffic (RPK), as well as in the number of passengers transported during the quarter, as can be seen from the operational statistics corresponding to March 2024 reported today by the group that allow us to have a vision of the quarter in its entirety.

In the first three months of the year, the group LATAM transported 20,2 million passengers, which represents an increase of 19,4% compared to the same period of 2023. The above is explained by the increase of a 32,5% of passengers transported in the international segment, and of a 26,0% in the domestic markets of the subsidiaries of Ecuador, Peru, Chile and Colombia, and of a 9,1% in the domestic market of the subsidiary in Brazil. Only in March of this year, the LATAM group transported 6,7 million passengers, a 16,9% versus the same month of 2023.

Regarding the capacity, measured in seats – kilometers available (ASK), in the first quarter of the year, The LATAM group increased its consolidated offer by 17,5% versus the first quarter of the previous year, surpassing by 1,2% the levels of 2019. Specifically in the month of March, The group increased its consolidated capacity by 17,8%.

For his part, consolidated passenger traffic (measured in rented passenger-kilometres – RPK) grew up 22,3% this quarter compared to the same period last year. In March, passenger traffic grew 22,2% compared to the same month of 2023, driven by the increase in 31,1% of international demand, from 17,1% of the domestic demand of the subsidiaries in Ecuador, Peru, Chile and Colombia and of 11,8% of the domestic demand of the Brazilian subsidiary.

Given the above, The consolidated load factor for the month of March reached a 83,1%, which represents an increase in 3,0 percentage points compared to the same month of 2023, highlighting the increase in 5,1 percentage points in the load factor of the Brazilian subsidiary during this period.

in charge, The capacity (measured in available ton-kilometers – ATK) the LATAM group increased by 13,8% in relation to March 2023, arriving at 655 million ton-kilometers available.

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