The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Fernanda Recchia - BTG Pactual - Analyst
: Hi. Thank you for taking my question. Two from our side. The first, could you comment a little bit further on how you're seeing the yield environment
going forward? Maybe if you could explore domestic than international route, it could be great. And second, just wanted to understand if the
guidance that you provided kind of incorporate any compensation from Pratt & Whitney and Boeing or if this is an upside. Thank you.
Question: Fernanda Recchia - BTG Pactual - Analyst
: Okay, thank you very much.
Question: Victor Mizusaki - Bradesco S.A CTVM - Analyst
: Hi. Congrats for the results. We have two questions here. The first one is a follow-up on the fleet plan. I mean, when we take a look on your updated
fleet plan, it looks like that LATAM is trying to extend some of the aircraft leasing contracts. So my question here is if there is any kind of cost pressure
from these expansions.
And the other point, when you take a look on the deliveries, if not wrong, early last year, the company had a plan with Airbus to receive like 8 or
11 planes. And then it was reduced to 3 aircraft this year and 11 next year. So my second question is if there is any risk that maybe Airbus deliver
these planes this year. Thank you.
Question: Victor Mizusaki - Bradesco S.A CTVM - Analyst
: Great. Thank you.
Question: Stephen Trent - Citi Investment Research - Analyst
: Good morning, everybody, and thanks very much for taking my questions. Two from me. The first is regarding the deal you reached with Fortress
Aviation, I believe, on 60 engines. And could you give me a sense as to why you went with Fortress as opposed to maybe doing something similar
with Delta Airlines TechOps? Thank you.
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MAY 03, 2024 / 1:00PM, LTM.SN - Q1 2024 LATAM Airlines Group SA Earnings Call
Question: Stephen Trent - Citi Investment Research - Analyst
: Okay. That's very helpful. Appreciate the color. And just quickly, just the second question, you mentioned adding more premium into your
international, intra-Latin America. I heard you mention the VIP lounge in Lima and the onboard Wi-Fi and what have you. How far along are we in
that process? Do you expect another three or four quarters of making these adjustments, or are you close to the finish line? Thank you.
Question: Stephen Trent - Citi Investment Research - Analyst
: Okay. Appreciate that, Roberto. Thank you.
Question: Guilherme Mendes - JPMorgan - Analyst
: Hello, Roberto, Ramiro. Good morning. Thanks for taking my question. I have two questions. The first one is a follow-up on the guidance assumption.
We saw a revision on the capacity on the three regions, but I was wondering if you could provide more details on which routes or regions specifically
you are seeing an upside, thinking about the international front and also the Spanish-speaking countries.
without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its
affiliated companies.
MAY 03, 2024 / 1:00PM, LTM.SN - Q1 2024 LATAM Airlines Group SA Earnings Call
And the second question is regarding the ADR listing. I understand there is a couple of requirements needed for the company to take the decision
to go ahead with the process or not. Just wondering if you can provide more details on which kind of requirements are we talking about and if the
base case is still to have the decision by September or October this year. Thank you.
Question: Guilherme Mendes - JPMorgan - Analyst
: Super clear. Thank you, Roberto and Ramiro. Have a great day.
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