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Saturday, January 28, 2023

LATAM Airlines Group Struggles To Restore International Network

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In October, LATAM Airlines Group, South America’s largest airline, expects robust domestic market traffic.

However, restoring foreign flights remains a difficulty for LATAM. The firm based in Santiago, Chile, stated that passenger capacity across its network will reach 56% of its pre-COVID-19 pandemic capacity in October 2019. In September, 49.9% of the pre-pandemic system capacity was operational.

The increased flying LATAM affiliates are conducting in domestic markets will account for much of the improvement this month. LATAM’s domestic capacity in Colombia and Ecuador, for example, will surpass pre-pandemic levels, hitting 105 percent and 100 percent of capacity in October 2019, respectively.

However, in October, the LATAM Colombia operation will only fly 44% of its pre-pandemic international capacity, while the Ecuador subsidiary will only fly 12% of its pre-pandemic international capacity.

In other nations where LATAM operates, the situation is similar. It will operate 82 percent of pre-pandemic domestic capacity in Brazil, but just 25% of international capacity in October 2019.

LATAM will run 90% of pre-pandemic domestic capacity in Chile, but just 39% of international capacity in October 2019. Compared to October 2019, Peru has 82 percent of pre-pandemic domestic capacity and 43 percent of international capacity.

In total, LATAM expects to operate 970 domestic and international flights every day in October, linking 122 destinations in 18 countries.

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