This month, LATAM Airlines Group believes that it is running at about 67% of its pre-pandemic capacity, continuing a trend of operational stability. Colombia and Brazil's fast recoveries from the COVID-19 disaster reflect the airline's uneven fortunes.
Despite an uncertain geopolitical setting, the COVID-19 problem has not deterred LATAM Airlines Group. The airline has made a significant comeback in a number of markets, including Colombia, Brazil, and freight. In addition, LATAM will resume a key international route, the Santiago-Auckland-Sydney commercial service, this month.
In terms of available seat kilometres, LATAM expects a passenger operation of up to 67% in March, according to the airline. LATAM's recovery was 72% in January, compared to 2019 levels, and 66% in February.
During March, the airline group aims to operate 1,029 daily domestic and international flights. LATAM will link 135 cities across 20 countries. The airline will restart its Santiago-Auckland-Sydney route this month, which is one of the carrier's most popular routes in South America. LATAM has also relocated its international operations from Terminal 1 to Terminal 2 at Santiago de Chile International Airport.
LATAM Airlines Group released its entire financial figures for 2021 earlier this week. The prolonged COVID-19 problem on commercial aviation contributed to the airline's net loss of US$4.64 billion.
LATAM handled 40.1 million passengers last year, but 45.8% below 2019 levels. Despite this, it is Latin America's largest airline in terms of passenger counts (and fleet as well).
LATAM recovered throughout the year, operating at 39.8% capacity in January compared to 2019 but reaching 70.1% capacity by December.