Airline News: Latam expects 20% plus growth in 2023

Gateway to South America on 21/03/2023 - 20:20 in All categories of countries are, Argentina Lifestyle, Argentina-General, Brasil Residential, Brasil-general en, Chile – General, Farms in Paraguay, General of Uruguay, Lifestyle Properties in Argentina, Paraguay - General, Perú-general en, Uruguay Residential, Uruguayan lifestyle

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South America’s Latam Group operated at 83.2% of 2019 capacity levels in the fourth quarter of 2022 on its 144 destinations in 22 countries. It said this was “in line” with its roster of destinations in 2019 and expected annual growth in passenger traffic of more than 20% year-on-year in 2023. This would come from 38 routes that it did not operate in 2019. This included the new joint venture with Delta Airlines that would enable passengers of both airlines to access more than 300 destinations in North and South America.

Latam reported its Brazil, Chile, and Peru subsidiaries each increased domestic market shares in 2022. Latam Airlines Brazil saw its domestic market share increase by three percentage points to 37%. The subsidiary is now flying to 54 destinations in Brazil. The Chile operation increased its domestic market share by two percentage points to 60% in 2022, while its Peruvian subsidiary upped market share by three percentage points to 65% in 2022.

Argentina cancels Latam Falkland Islands route

The Argentinian government revoked the decree that allowed Latam Brasil to operate flights between São Paulo, Córdoba, and Mt Pleasant Airport in the Falkland Islands. The route was launched in 2019 and paused during the Covid pandemic. The order means the service will not resume, as Argentina prefers a direct service operating from Buenos Aires, which has yet to be agreed by Falklands authorities.

At present, Mount Pleasant only has one scheduled passenger flight each week. This resumed last July and is operated by Latam Chile from Punta Arenas in southern Chile.

Latam Airlines Group will launch two new routes from Brazil and Colombia to the US as part of its joint venture operation with Delta Air Lines. From July, Latam Brasil will open service between Sao Paulo Guarulhos and Los Angeles. Latam Airlines Colombia, meanwhile, will launch flights between Bogota and Orlando in the same month.

Latam Airlines has increased its Services from Sydney via Auckland to Santiago, Chile, to a Daily Frequency

LATAM is the only airline operating daily flights between Australia/New Zealand and South America.

LATAM recommenced flights from Sydney in March last year with three weekly services after a two-year hiatus due to the COVID-19 pandemic.

Since restarting flights, LATAM has experienced significant demand, and the airline has been working closely with Sydney Airport to increase the number of services throughout the year.

Chris Ellis, country manager of Oceania for LATAM Airlines, said, “We are excited to finally be operating daily services to Santiago, the gateway to LATAM’s network of more than 120 destinations in Latin America and 144 destinations around the world.

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