LATAM Airlines Group SA · BCS:LTM
LATAM Airlines Group SA — Q3 2021 Earnings Presentation
6 slides from LATAM Airlines Group SA's earnings presentation, November 2021
Slide 1: Third Quarter 2021 Results Presentation
Third Quarter 2021 Results Presentation November 2021
Slide 2: Third Quarter 2021 Highlights of LATAM group
Third Quarter 2021 Highlights of LATAM group Operations & Network Cargo Business Operated 49.7% of ASKs compared with the Revenues increased 43.7%, though total same quarter of 2019 capacity decreased 26%, compared to 2019 Capacity increased 75% from the second Yields increased 68.9% versus
Slide 3: Third Quarter 2021 Financial Summary
Third Quarter 2021 Financial Summary (US$ Millions) 3Q21 3Q20 Change 3Q19 Change Total Operating Revenues 1,314 513 156.1% 2,665 -50.7% Passenger 915 121 655.6% 2,340 -60.9% Cargo 361 284 27.3% 252 43.6% Others 38 108 -65.2% 73 -48.6% Total Operating Costs -1,793 -1,078 66.4% -2,396 -25.2% Fuel -393
Slide 4: LATAM group Total Operating Costs decreased 25.2% versus 2019
LATAM group Total Operating Costs decreased 25.2% versus 2019 Passenger ASK (millions) Average Number of Employees Total Operating Costs (US$ MM) Total Costs US$MM 3Q21 3Q20 Change 3Q19 Change Fuel Cost 393 110 258.1% 717 -45.2% Wages & Benefits 252 196 28.7% 447 -43.5% Fleet Cost1 541 368 46.8% 480
Slide 5: Third Quarter 2021 Credit Metrics
Third Quarter 2021 Credit Metrics Financial Debt Position Cash and Equivalents as % of LTM revenues Fuel Hedge (% consumption) Cost of Debt as of September 30, 2021 WACD 6.34% Source: Financial Statements September 2021 5 *Includes DIP financing
Slide 6: Third Quarter 2021 Results Presentation
Third Quarter 2021 Results Presentation November 2021