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LATAM Airlines August traffic up 4.7%, loads dip

LATAM Airlines Group expanded capacity and traffic across all segments in August 2026, with strong cargo performance but slightly lower passenger load factors.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

LATAM Airlines Group S.A. (LTM) reports higher traffic and cargo activity for August 2026. Consolidated passenger capacity rose 7.0% year over year, led by international growth of 7.3%, domestic Brazil up 6.7%, and domestic Spanish-speaking countries up 6.6%. Consolidated traffic increased 4.7%, with international traffic up 5.8%, domestic Brazil up 3.6%, and domestic Chile, Colombia, Ecuador and Peru up 3.1%, resulting in a system load factor of 83.5%.

The group carried 7.9 million passengers in August, a 2.6% increase versus 2025, and transported 87,000 tons of cargo, up 4.6% as cargo revenue ton-kilometers rose 5.8% and cargo load factor improved by 1.7 percentage points. Year-to-date through August, system passenger traffic grew 8.6% and capacity 9.1%, with international segments showing double-digit growth in both metrics.

Positive

  • System passenger capacity grew 7.0% year over year in August 2026, with international ASKs up 7.3% and year-to-date system capacity up 9.1%, indicating broad network expansion.
  • August cargo activity strengthened, with revenue ton-kilometers up 5.8%, tons transported up 4.6% to 87,000, and the monthly cargo load factor improving by 1.7 percentage points to 53.9%.

Negative

  • The August system passenger load factor declined by 1.8 percentage points to 83.5%, with domestic Brazil and domestic Spanish-speaking countries also showing lower load factors year over year.

Filing Explained

The September 8, 2026 Form 6-K reports August operations: passenger capacity increased 7.0% while traffic increased 4.7%, and the system passenger load factor fell to 83.5% from 85.4%, meaning the added capacity was used at a lower rate.

August 2026 system ASKs 15.989 billion available seat-kilometers Up 7.0% vs August 2025
August 2026 system RPKs 13.353 billion revenue passenger-kilometers Up 4.7% vs August 2025
August 2026 system load factor 83.5% Down 1.8 percentage points vs August 2025
Passengers carried in August 2026 7.893 million passengers Up 2.6% vs August 2025
August 2026 cargo RTKs 395 million revenue ton-kilometers Up 5.8% vs August 2025
August 2026 cargo tons transported 87,000 tons Up 4.6% vs August 2025
YTD 2026 system RPKs 102.525 billion revenue passenger-kilometers Up 8.6% vs YTD 2025
YTD 2026 system ASKs 122.497 billion available seat-kilometers Up 9.1% vs YTD 2025
available seat-kilometers financial
"capacity, measured in available seat-kilometers (ASK), by 7.0%"
revenue passenger-kilometers financial
"Consolidated traffic, measured in revenue passenger-kilometers (RPK)"
load factor financial
"the consolidated load factor reached 83.5% in August"
Load factor is a measure of how efficiently a transportation service, such as a plane, train, or bus, fills its available seats or space over a period of time. It is calculated by dividing the actual number of passengers or usage by the total available capacity. A higher load factor indicates better utilization, which can lead to more profitable operations and is important for investors assessing the efficiency and profitability of transportation companies.
available ton-kilometers financial
"capacity measured in available ton-kilometers (ATK) increased by 2.5%"
revenue ton kilometers financial
"REVENUE TON KILOMETERS (Cargo) (million)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How did LATAM (LTM) passenger capacity perform in August 2026?
Passenger capacity, measured in available seat-kilometers (ASK), increased 7.0% versus August 2025. International capacity grew 7.3%, domestic Brazil 6.7%, and domestic Chile, Colombia, Ecuador and Peru 6.6%, reflecting broad-based network growth.

What was LATAM (LTM) passenger traffic and load factor in August 2026?
System passenger traffic, in revenue passenger-kilometers, rose 4.7% year over year to 13.353 billion, while the system load factor reached 83.5%, down 1.8 percentage points from 85.4% in August 2025.

How many passengers did LATAM (LTM) transport in August 2026?
LATAM transported 7.9 million passengers in August 2026, a 2.6% increase compared to 7.694 million in August 2025. Year-to-date through August, passenger boardings reached 59.933 million, up 4.9% from the prior-year period.

What were LATAM (LTM) cargo volumes and load factors in August 2026?
Cargo revenue ton-kilometers increased 5.8% to 395 million, and available ton-kilometers rose 2.5% to 734 million, lifting the August cargo load factor to 53.9%, up 1.7 percentage points. Cargo tons transported grew 4.6% to 87,000.

Which LATAM (LTM) segment showed the strongest year-to-date 2026 growth?
The international segment led growth year to date through August 2026, with passenger traffic up 11.1% to 56.304 billion revenue passenger-kilometers and capacity up 11.6% to 66.401 billion available seat-kilometers compared to the same period in 2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________________________________________
FORM 6-K
_________________________________________________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
September 2026
Commission File Number 1-14728
_________________________________________________________________
LATAM Airlines Group S.A.
(Translation of Registrant’s Name Into English)
_________________________________________________________________
Presidente Riesco 5711, 20th floor
Las Condes
Santiago, Chile
(Address of principal executive offices)
_________________________________________________________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F o



LATAM AIRLINES GROUP S.A.
The following exhibit is attached:
EXHIBIT NO.DESCRIPTION
99.1
LATAM Airlines Group Operating Statistic
1

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: September 8, 2026LATAM AIRLINES GROUP S.A.
By:/s/ Ricardo Bottas
Name: Ricardo Bottas
Title:Chief Financial Officer
2
image.jpg


LATAM group increased capacity by 7.0% in August and transported 7.9 million passengers

Operating statistics for August 2026
Santiago, September 8, 2026 - During August, LATAM group increased its consolidated capacity, measured in available seat-kilometers (ASK), by 7.0% compared to the same month of 2025. This growth was explained by a 7.3% increase in international operations, together with a 6.7% increase in domestic operations of LATAM Airlines Brazil and a 6.6% increase in domestic operations of the affiliates in Chile, Colombia, Ecuador and Peru.
Consolidated traffic, measured in revenue passenger-kilometers (RPK), increased by 4.7% compared to August 2025, reflecting growth across all segments. International traffic increased by 5.8%, followed by traffic in LATAM Airlines Brazil’s domestic market, which recorded a 3.6% year-over-year increase, and in the domestic markets of the affiliates in Chile, Colombia, Ecuador and Peru, which grew by 3.1%.
As a result, the consolidated load factor reached 83.5% in August. During the month, LATAM group transported 7.9 million passengers, representing a 2.6% increase compared to the same month of 2025.
Regarding cargo operations, capacity measured in available ton-kilometers (ATK) increased by 2.5% compared to August of the previous year. As a result, 87 thousand tons of cargo were transported during the month, 4.6% more than in the same period of 2025.
The following table summarizes the main operating statistics for the month and year-to-date as of August for the main LATAM group business segments:












image_0.jpg
INVESTOR RELATIONS CONTACT INFORMATION                
LATAM Airlines Group S.A.                                     
Investor Relations
InvestorRelations@latam.com                                
ir.latam.com
image.jpg

LATAM GROUP OPERATIONS
August
Year to Date
2026
2025
% Change
2026
2025
% Change
LATAM GROUP PASSENGER OPERATIONS
REVENUE PASSENGER KILOMETERS (million)
SYSTEM
13,353
12,753
4.7%
102,525
94,439
8.6%
DOMESTIC SSC (1)
1,959
1,900
3.1%
15,574
15,206
2.4%
DOMESTIC BRAZIL (2)
4,095
3,954
3.6%
30,647
28,570
7.3%
INTERNATIONAL (3)
7,299
6,899
5.8%
56,304
50,662
11.1%
AVAILABLE SEAT KILOMETERS (million)
SYSTEM
15,989
14,942
7.0%
122,497
112,287
9.1%
DOMESTIC SSC (1)
2,365
2,219
6.6%
18,853
18,377
2.6%
DOMESTIC BRAZIL (2)
4,905
4,596
6.7%
37,243
34,402
8.3%
INTERNATIONAL (3)
8,719
8,126
7.3%
66,401
59,507
11.6%
PASSENGER LOAD FACTOR
SYSTEM
83.5%
85.4%
-1.8p.p
83.7%
84.1%
-0.4p.p
DOMESTIC SSC (1)
82.8%
85.6%
-2.8p.p
82.6%
82.7%
-0.1p.p
DOMESTIC BRAZIL (2)
83.5%
86.0%
-2.5p.p
82.3%
83.0%
-0.8p.p
INTERNATIONAL (3)
83.7%
84.9%
-1.2p.p
84.8%
85.1%
-0.3p.p
PASSENGER BOARDED (thousand)
SYSTEM
7,893
7,694
2.6%
59,933
57,159
4.9%
DOMESTIC SSC (1)
2,700
2,623
2.9%
20,686
20,365
1.6%
DOMESTIC BRAZIL (2)
3,559
3,482
2.2%
26,652
25,108
6.1%
INTERNATIONAL (3)
1,634
1,589
2.9%
12,596
11,687
7.8%
LATAM GROUP CARGO OPERATIONS
REVENUE TON KILOMETERS (Cargo) (million)
SYSTEM
395
374
5.8%
3,019
2,913
3.6%
AVAILABLE TON KILOMETERS (Cargo) (million)
SYSTEM
734
716
2.5%
5,783
5,487
5.4%
CARGO LOAD FACTOR
SYSTEM
53.9%
52.2%
1.7p.p
52.2%
53.1%
-0.9p.p
CARGO TONS TRANSPORTED (thousand)
SYSTEM
87
83
4.6%
683
664
2.9%
(1) Domestic SSC refers to domestic operations of LATAM Airlines Chile, LATAM Airlines Colombia, LATAM Airlines Ecuador and LATAM Airlines Peru.

image_0.jpg
INVESTOR RELATIONS CONTACT INFORMATION                
LATAM Airlines Group S.A.                                     
Investor Relations
InvestorRelations@latam.com                                
ir.latam.com
image.jpg

(2) Domestic Brazil refers to LATAM Airlines Brazil domestic operations.
(3) International refers to international operations of LATAM Airlines Brazil, LATAM Airlines Chile, LATAM Airlines Colombia, LATAM Airlines Ecuador, LATAM Airlines Peru and LATAM Airlines Paraguay.
ABOUT LATAM GROUP 
LATAM Airlines Group S.A. and its affiliates are the principal group of airlines in Latin America present in five domestic markets in the region: Brazil, Chile, Colombia, Ecuador and Peru, in addition to international operations within Latin America and to / from Europe, the United States, Oceania, Africa and the Caribbean.
The group has a fleet of Boeing 767, 777, 787, Airbus A321, A321Neo, A320, A320Neo, and A319 aircraft. Additionally, the Airbus A330, operated under short-term leases, is also part of the current operations.
LATAM Cargo Chile, LATAM Cargo Colombia and LATAM Cargo Brazil are the LATAM group cargo subsidiaries. In addition to having access to the bellies of the passenger affiliate’s aircraft, they have a fleet of 20 freighters. They operate on the LATAM group network as well as international routes that are solely used for freighters. They offer modern infrastructure, a wide variety of services and protection options to meet all customer needs.

More financial information at ir.latam.com / www.latam.com



image_0.jpg
INVESTOR RELATIONS CONTACT INFORMATION                
LATAM Airlines Group S.A.                                     
Investor Relations
InvestorRelations@latam.com                                
ir.latam.com

Source: View Original Filing on SEC EDGAR

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