Latam Airlines Group Sa · BCS:LTM
Latam Airlines Group Sa — Q2 2021 Earnings Presentation
6 slides from Latam Airlines Group Sa's earnings presentation, August 2021
Slide 1: Second Quarter 2021 Results Presentation
Second Quarter 2021 Results Presentation August 2021
Slide 2: Second Quarter 2021 Highlights of LATAM group
Second Quarter 2021 Highlights of LATAM group Operations & Network Cargo Business Operated 30.9% of ASKs compared with the Revenues increased 37.5%, though total same quarter of 2019 capacity decreased 28%, compared to 2019 Operations were 24.9% of ASKs in April, rising Cargo represented 41.
Slide 3: Second Quarter 2021 Financial Summary
Second Quarter 2021 Financial Summary (US$ Millions) 2Q21 2Q20 Change 2Q19 Change Total Operating Revenues 889 572 55.4% 2,370 -62.5% Passenger 456 123 270.6% 2,020 -77.4% Cargo 370 319 16.1% 269 37.5% Others 63 130 -51.7% 81 -22.4% Total Operating Costs -1,246 -1,267 -1.6% 2,330 -46.5% Fuel -267 -7
Slide 4: Total Operating Costs decreased 46.5% versus 2019
Total Operating Costs decreased 46.5% versus 2019 Passenger ASK (millions) Average Number of Employees (thousands) Total Operating Costs (MMUS$) -69.1% -31.4% -46.5% 34,836 10,755 40,706 27,914 2,330 1,246 2Q19 2Q21 2Q19 2Q21 2Q19 2Q21 Total Costs US$MM 2Q21 2Q20 Change 2Q19 Change Fuel Cost 267 77
Slide 5: Second Quarter 2021 Credit Metrics
Second Quarter 2021 Credit Metrics Financial Debt Position Cash and Equivalents as % of LTM revenues 45.7% 47.5% 50.0% 2,992 2,498 1,300 800 10.0% 7,822 7,882 1,331 1,535 -30.0% March 2021 June 2021 March 2021 June 2021 Cash (US$ MM) Committed DIP financing Financial Debt (US$ MM) Lease liabilities
Slide 6: Second Quarter 2021 Results Presentation
Second Quarter 2021 Results Presentation August 2021