LATAM Airlines grows February traffic and load factor

LATAM Airlines Group reported strong operating trends for February 2026.

Rhea-AI Filing Summary

LATAM Airlines Group reported strong operating trends for February 2026. The group transported 7.1 million passengers, a 9.3% increase from February 2025, while consolidated load factor rose 2.2 percentage points to 85.6%, showing fuller planes.

Consolidated capacity, measured in available seat-kilometers, grew 11.4%, led by a 14.8% increase in international operations and 12.5% growth in LATAM Airlines Brazil’s domestic market. Traffic in revenue passenger-kilometers increased 14.4%, with international routes up 18.0% and Brazil domestic up 15.6%, indicating robust demand across segments.

In cargo, available ton-kilometers reached 686 million, up 7.6% year-over-year, and LATAM transported 82 thousand tons of cargo, a 3.6% increase. Cargo load factor edged down from 53.4% to 52.5%, reflecting capacity growth outpacing cargo traffic.

Insights

Airline sector and traffic trends analyst

Passenger demand and load factors improved, while cargo growth was more modest.

LATAM Airlines Group shows healthy passenger momentum in February 2026. System revenue passenger-kilometers grew 14.4%, outpacing capacity growth of 11.4%, which lifted the system passenger load factor to 85.6%. International and Brazil domestic routes led with double-digit traffic and capacity expansion.

The stronger demand relative to capacity is generally favorable for unit revenue potential, especially with international traffic up 18.0% and Brazil domestic traffic up 15.6%. However, this release does not include yields, fares, or profitability data, so the financial impact of these volume gains remains undefined.

Cargo trends are more mixed. Capacity in available ton-kilometers increased 7.6%, while revenue ton-kilometers rose 5.7%, causing the cargo load factor to slip by 0.9% to 52.5%. This suggests a slightly looser cargo market despite higher volumes of 82 thousand tons transported.

FAQ

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

How many passengers did LATAM Airlines Group (LTM) carry in February 2026?

LATAM Airlines Group carried 7.1 million passengers in February 2026, a 9.3% increase versus February 2025. Growth was broad-based, with notable expansion in international routes and LATAM Airlines Brazil’s domestic market, reflecting stronger demand across the network.

What happened to LATAM Airlines Group (LTM) load factors in February 2026?

LATAM’s consolidated passenger load factor rose to 85.6% in February 2026, up 2.2 percentage points year-over-year. This improvement came as traffic grew faster than capacity, indicating fuller aircraft across domestic South America and international operations.

How fast did LATAM Airlines Group (LTM) passenger traffic grow in February 2026?

System passenger traffic, measured in revenue passenger-kilometers, increased 14.4% in February 2026 compared to a year earlier. International traffic led with 18.0% growth, followed by LATAM Airlines Brazil’s domestic market at 15.6%, showing strong underlying demand.

How did LATAM Airlines Group (LTM) capacity change in February 2026?

Total passenger capacity, measured in available seat-kilometers, rose 11.4% year-over-year in February 2026. International capacity expanded 14.8%, while LATAM Airlines Brazil’s domestic capacity increased 12.5%, supporting higher traffic and improved system load factors.

What are the key February 2026 cargo trends for LATAM Airlines Group (LTM)?

Cargo capacity reached 686 million available ton-kilometers in February 2026, up 7.6% from a year earlier. Revenue ton-kilometers grew 5.7%, and 82 thousand tons were transported, though the cargo load factor declined slightly from 53.4% to 52.5%.

How did LATAM Airlines Group (LTM) perform year-to-date through February 2026?

Year-to-date through February 2026, system passenger traffic reached 26,088 million revenue passenger-kilometers, up 13.8% versus 2025. Capacity increased 11.2%, lifting the system load factor to 86.0%, 2.0 percentage points higher than the prior-year period.

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

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Accepted by SEC EDGAR 03/09/2026 - 05:21 PM Learn about SEC filing dates

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

March 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: March 9, 2026			LATAM AIRLINES GROUP S.A.
			By:			/s/ Ricardo Bottas
			Name:			Ricardo Bottas
			Title:			Chief Financial Officer

2

LATAM group transported 7.1 million passengers in February, highlighting solid load factors

Operating statistics for February 2026

Santiago, March 9, 2026 - During February, LATAM group transported 7.1 million passengers, representing a 9.3% increase compared to the same month of 2025. This growth was accompanied by a 2.2 percentage point increase year-over-year in consolidated load factor, reaching 85.6%.

In line with the above, LATAM group increased its consolidated capacity, measured in available seat-kilometers (ASK), by 11.4% compared to February 2025. This growth was mainly driven by a 14.8% increase in international operations, together with a 12.5% increase in capacity in LATAM Airlines Brazil’s domestic market.

Consolidated traffic, measured in revenue passenger-kilometers (RPK), increased by 14.4% compared to February 2025, reflecting growth across all segments. International operations once again stood out, with an increase of 18.0%, followed by LATAM Airlines Brazil’s domestic market, which recorded a 15.6% year-over-year increase.

Regarding cargo operations, capacity measured in available ton-kilometers (ATK) reached 686 million in February, 7.6% higher compared to the same month of the previous year. As a result, 82 thousand tons of cargo were transported during the month.

The following table summarizes the main operating statistics for the month and year-to-date as of February for the main LATAM group business segments:

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.         

Investor Relations

InvestorRelations@latam.com

Tel: (56-2) 2565-3844

ir.latam.com

LATAM GROUP OPERATIONS			February												Year to Date
			2026			2025			% Change												2026			2025			% Change
LATAM GROUP PASSENGER OPERATIONS
																					REVENUE PASSENGER KILOMETERS (million)
SYSTEM			12,195			10,664			14.4%												26,088			22,923			13.8%
DOMESTIC SSC (1)			1,998			1,960			1.9%												4,214			4,099			2.8%
DOMESTIC BRAZIL (2)			3,491			3,020			15.6%												7,674			6,759			13.5%
INTERNATIONAL (3)			6,706			5,684			18.0%												14,200			12,065			17.7%
AVAILABLE SEAT KILOMETERS (million)
SYSTEM			14,252			12,797			11.4%												30,324			27,268			11.2%
DOMESTIC SSC (1)			2,296			2,308			-0.5%												4,817			4,850			-0.7%
DOMESTIC BRAZIL (2)			4,260			3,786			12.5%												9,255			8,297			11.6%
INTERNATIONAL (3)			7,696			6,703			14.8%												16,252			14,121			15.1%
PASSENGER LOAD FACTOR
SYSTEM			85.6%			83.3%			2.2p.p												86.0%			84.1%			2.0p.p
DOMESTIC SSC (1)			87.0%			84.9%			2.1p.p												87.5%			84.5%			3.0p.p
DOMESTIC BRAZIL (2)			82.0%			79.8%			2.2p.p												82.9%			81.5%			1.4p.p
INTERNATIONAL (3)			87.1%			84.8%			2.3p.p												87.4%			85.4%			1.9p.p
PASSENGER BOARDED (thousand)
SYSTEM			7,148			6,537			9.3%												15,326			14,041			9.2%
DOMESTIC SSC (1)			2,578			2,526			2.1%												5,449			5,314			2.5%
DOMESTIC BRAZIL (2)			3,026			2,653			14.1%												6,609			5,869			12.6%
INTERNATIONAL (3)			1,544			1,358			13.7%												3,268			2,858			14.3%
LATAM GROUP CARGO OPERATIONS
																					REVENUE TON KILOMETERS (Cargo) (million)
SYSTEM			360			341			5.7%												710			698			1.8%
AVAILABLE TON KILOMETERS (Cargo) (million)
SYSTEM			686			638			7.6%												1,432			1,339			7.0%
CARGO LOAD FACTOR
SYSTEM			52.5%			53.4%			-0.9p.p												49.6%			52.1%			-2.5p.p
CARGO TONS TRANSPORTED (thousand)
SYSTEM			82			79			3.6%												165			162			1.8%
(1) Domestic SSC refers to domestic operations of LATAM Airlines Chile, LATAM Airlines Colombia, LATAM Airlines Ecuador and LATAM Airlines Peru.
(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.

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.         

Investor Relations

InvestorRelations@latam.com

Tel: (56-2) 2565-3844

ir.latam.com

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 330, 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

INVESTOR RELATIONS CONTACT INFORMATION

LATAM Airlines Group S.A.         

Investor Relations

InvestorRelations@latam.com

Tel: (56-2) 2565-3844

ir.latam.com

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 74.1 KB