Santiago (Chile), Sept. 12, 2022 - LATAM group projects passenger operations of 81% for September (measured in available seat kilometers - ASK) compared to the same period in 2019 (in a pre-pandemic scenario), and projects to exceed 85% in terms of consolidated operational recovery for the close of 2022.

LATAM expects to operate approximately 1,290 daily domestic and international flights during September, connecting 142 destinations in 22 countries, and the group's cargo business has scheduled more than 1,270 flights. These projections are subject to the evolution of the pandemic in the countries where the group operates.

In August 2022, passenger traffic (measured in revenue passenger-kilometers - RPK) was 80.9% compared to the same period in 2019, based on an operation measured in ASK (available seat-kilometers) of 81.8% compared to August 2019. As a result, the load factor decreased 0.9 percentage points, reaching 83.0%.

The load factor of cargo operations was 55.8%, which corresponds to an increase of 1.3 percentage points compared to August 2019.

(Passenger operations measured in ASK / Cargo operations measured in ATK)

Brasil

89% projected operation (versus September 2019). August 2022 projection reference: 89%

o 103% domestic and 72% international

Total September destinations: 54 domestic and 20 international.

Chile

70% projected operation (versus September 2019). August 2022 projection reference: 69%

o 74% domestic and 68% international

Total September destinations: 16 domestic and 25 international.

Colombia

115% projected operation (versus September 2019). August 2022 projection reference: 109%

o 138% domestic and 88% international

Total September destinations: 17 domestic and 5 international.

Ecuador

55% projected operation (versus September 2019). August 2022 projection reference: 51%

o 132% domestic and 31% international

Total September destinations: 8 domestic and 3 international.

Perú

79% projected operation (versus September 2019). August 2022 projection reference: 78%

o 91% domestic and 74% international

Total september destinations: 19 domestic and 26 international.

Carga

96% projected operation (versus September 2019). August 2022 projection reference: 100%

o 68% domestic belly and 79% international belly*

o 153% dedicated freighter

*Belly: merchandise transported in the cargo hold (lower deck) of the aircraft.

(Measured in ASK)

The following table summarizes traffic figures for the month and includes a year-to-date breakdown for LATAM's main business units.

August 2022 Traffic Report

Nota: Note: While Argentina's domestic operations are considered in the 2019 operational statistics above, LATAM announced the indefinite cessation of its domestic passenger and cargo operations in Argentina on June 17, 2020.

About LATAM Airlines Group S.A.

LATAM Airlines Group S.A and its subsidiaries are the principal group of airlines in Latin America present in five domestic markets in the region: Brazil, Chile, Colombia, Ecuador and Peru, in addition to international operations within Latin America and between it and Europe, the United States, and the Caribbean.

The group has a fleet of Boeing 767, 777, 787, Airbus A321, A320, A320neo and A319 aircraft.

LATAM Cargo Chile, LATAM Cargo Colombia, and LATAM Cargo Brazil are the LATAM group cargo subsidiaries. In addition to having access to the passenger cargo holds of the passenger affiliates aircraft, they have a fleet of 16 freighters, wich will gradually reach a total of up to 21 freighters by 2023.

They operate on the LATAM group network as well as international routes that are solely used for shipping. They offer modern infrastructure, a wide variety of services and protection options to meet all customer needs.

For LATAM Cargo press inquiries, write to comunicaciones.externas@latam.com. More financial information is available at www.latamairlinesgroup.net

Note on Forward-Looking Statements

This report contains forward-looking statements. Such statements may include words such as "may" "will," "expect," "intend," "anticipate," "estimate," "project," "believe" or other similar expressions. Forward-looking statements are statements that are not historical facts, including statements about our beliefs and expectations. These statements are based on LATAM's current plans, estimates and projections

and, therefore, you should not place undue reliance on them. Forward-looking statements involve inherent known and unknown risks,

uncertainties and other factors, many of which are outside of LATAM's control and difficult to predict. We caution you that a number of

important factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors and uncertainties include in particular those described in the documents we have filed with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them, whether in light of new information, future events or otherwise.

Notes

  1. Domestic SSC = Domestic passenger operations in Spanish speaking countries carried by LAN. Passenger statistics include domestic operations in Chile, Peru, Ecuador and Colombia.
  2. Domestic Brazil = Domestic passenger operations of TAM in Brazil.
  3. International = International passenger operations of LAN and TAM.

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Disclaimer

LATAM Airlines Group SA published this content on 12 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 September 2022 11:39:12 UTC.