LATAM Airlines Group Sees Strong Demand and Capacity Growth

LATAM Airlines Group reported a significant increase in available seats per kilometer (ASK) in October 2023, with a growth of 14.9 percent compared to the same month in 2022. This expansion was driven by a substantial 31.2 percent increase in seats available on international flights, marking the highest ASK level since February 2020. The load factor for international flights in October reached an impressive 87.8 percent.

In the first 10 months of 2023, capacity in the international segment saw a notable 39.8 percent increase compared to the same period in 2022, in line with a 41.9 percent surge in demand. In October, the number of passengers transported rose by 13.2 percent compared to October 2022, totaling 6.4 million passengers. Of these, 1.2 million passengers were attributed to international operations, reflecting a substantial increase of 38.4 percent compared to the previous year.

These figures underscore the strong demand for air travel, indicating that passengers are eager to fly when seats are available. Year-to-date, the total number of passengers transported by LATAM Airlines Group exceeded 60 million, marking an 18.1 percent increase compared to the same period in 2022.

In October, passenger traffic measured in revenue passenger kilometers (RPK) saw an 18.1 percent increase compared to the same month in 2022, with international routes experiencing a remarkable 32.8 percent growth.

LATAM’s recent expansion of its partnership with Delta likely contributed to these positive developments.