LATAM Airlines Group SA Q1 2024 Earnings Call Transcript - Thomson StreetEvents

LATAM Airlines Group SA Q1 2024 Earnings Call Transcript

LATAM Airlines Group SA Q1 2024 Earnings Call Transcript - Thomson StreetEvents
LATAM Airlines Group SA Q1 2024 Earnings Call Transcript
Published May 03, 2024
10 pages (5605 words) — Published May 03, 2024
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Abstract:

Edited Transcript of LTM.SN earnings conference call or presentation 3-May-24 1:00pm GMT

  
Brief Excerpt:

...Operator Good day and thank you for standing by. Welcome to first quarter LATAM Airlines Group earnings conference call. (Operator Instructions) Please be advised that today's conference is being recorded. Before I turn the call over to management, I'd like to remind you that certain statements in this presentation and during the Q&A may relate to future events and expectations, and as such, constitute forward-looking statements. Any matters discussed today that are not historical facts, particularly comments regarding the company's future plans, objectives, and expected performance or guidance are forward-looking statements. These statements are based on a range of assumptions that LATAM believes are reasonable, but are subject to uncertainties and risks that are discussed in detail in the recently published 20-F earnings release, financial statements, and related CMF and SEC filings. The company's actual results may differ significantly from those projected or suggested in any forward-looking...

  
Report Type:

Transcript

Source:
Company:
LATAM Airlines Group SA
Ticker
LTM.SN
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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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. 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


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.

Table Of Contents

LATAM Airlines Group SA Q1 2025 Earnings Call Transcript – 2025-04-29 – US$ 54.00 – Edited Transcript of LTM.SN earnings conference call or presentation 29-Apr-25 1:00pm GMT

LATAM Airlines Group SA Q4 2024 Earnings Call Transcript – 2025-01-31 – US$ 54.00 – Edited Transcript of LTM.SN earnings conference call or presentation 31-Jan-25 1:30pm GMT

LATAM Airlines Group SA Q3 2024 Earnings Call Transcript – 2024-11-07 – US$ 54.00 – Edited Transcript of LTM.SN earnings conference call or presentation 7-Nov-24 1:00pm GMT

LATAM Airlines Group SA Investor Day Transcript – 2024-10-22 – US$ 54.00 – Edited Transcript of LTM.SN corporate analyst meeting</ 22-Oct-24 2:00pm GMT

LATAM Airlines Group SA Q2 2024 Earnings Call Transcript – 2024-08-08 – US$ 54.00 – Edited Transcript of LTM.SN earnings conference call or presentation 8-Aug-24 1:00pm GMT

LATAM Airlines Group SA Q4 2023 Earnings Call Transcript – 2024-02-23 – US$ 54.00 – Edited Transcript of LTM.SN earnings conference call or presentation 23-Feb-24 1:00pm GMT

LATAM Airlines Group SA Q3 2023 Earnings Call Transcript – 2023-10-31 – US$ 54.00 – Edited Transcript of LTM.SN earnings conference call or presentation 31-Oct-23 1:00pm GMT

LATAM Airlines Group SA Q2 2023 Earnings Call Transcript – 2023-08-03 – US$ 54.00 – Edited Transcript of LTM.SN earnings conference call or presentation 3-Aug-23 1:00pm GMT

LATAM Airlines Group SA Q1 2023 Earnings Call Transcript – 2023-05-04 – US$ 54.00 – Edited Transcript of LTM.SN earnings conference call or presentation 4-May-23 1:00pm GMT

LATAM Airlines Group SA Q4 2022 Earnings Call Transcript – 2023-03-10 – US$ 54.00 – Edited Transcript of LTM.SN earnings conference call or presentation 10-Mar-23 1:00pm GMT

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MLA:
Thomson StreetEvents. "LATAM Airlines Group SA Q1 2024 Earnings Call Transcript" May 03, 2024. Alacra Store. May 19, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-LATAM-Airlines-Group-SA-Earnings-Call-T16004744>
  
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Thomson StreetEvents. (2024). LATAM Airlines Group SA Q1 2024 Earnings Call Transcript May 03, 2024. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-LATAM-Airlines-Group-SA-Earnings-Call-T16004744>
  
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