Welcome to our dedicated page for Latam Airlines SEC filings (Ticker: LTM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
LATAM Airlines Group S.A. files as a foreign private issuer, and its SEC reports document the operations, financial statements and material facts of its passenger and cargo airline group. Recent Form 6-K disclosures include quarterly results, interim consolidated financial statements prepared under IFRS, monthly operating statistics such as capacity, traffic, load factor and cargo activity, and notices submitted to Chile's Financial Market Commission.
The filings also record shareholder-meeting matters, dividend proposals and approvals, board elections, directors' committee composition, external auditor and rating-agency designations, related-party transaction agenda items, and capital-structure disclosures associated with LATAM's American Depositary Shares and common shares.
LATAM Airlines Group reported higher traffic and capacity for April 2026. The group transported 6.9 million passengers, up 2.8% from April 2025, with system revenue passenger-kilometers rising 7.0% to 11,828 million as demand grew across domestic and international routes.
System capacity in available seat-kilometers increased 8.3% to 14,364 million, leading to a slightly lower passenger load factor of 82.3%, down 1.1 percentage points but still solid. Cargo activity was stable, with 91 thousand tons transported and cargo ton-kilometers up 1.9% year-on-year.
LATAM Airlines Group delivered its strongest quarter ever in the first three months of 2026, with net income of US$576 million, up 62.1% year-over-year. Total revenues rose 21.7% to US$4,151 million, driven mainly by a 24.4% increase in passenger revenue as capacity expanded 10.4% and the load factor reached 85.3%.
Adjusted operating income climbed to US$823 million, producing a 19.8% adjusted operating margin, while adjusted EBITDA reached US$1,315 million with a 31.7% margin. Passenger unit revenue (RASK) improved to US$8.0 cents and premium revenues grew 28%, reaching 27% of passenger revenue.
LATAM generated US$391 million in cash in the quarter, lifting cash and equivalents to US$2,541 million and total liquidity to US$4,116 million. Net debt stood at US$5.9 billion and adjusted net leverage improved to 1.3x. Management highlighted higher jet fuel prices, expecting more than US$700 million of additional fuel expense in 2Q26 at an assumed US$170 per barrel, partly mitigated by hedging and pricing actions.
LATAM Airlines Group delivered a stronger first quarter of 2026, with revenue rising to ThUS$4,080,617 from ThUS$3,348,478 a year earlier. Higher sales and controlled costs lifted gross margin to ThUS$1,277,242 from ThUS$948,596.
Net income for the period increased to ThUS$577,691 versus ThUS$356,637, and basic earnings per share improved to US$0.001003 from US$0.000588. Operating cash flow strengthened to ThUS$933,155 from ThUS$678,345, helping raise cash and cash equivalents to ThUS$2,540,752 from ThUS$2,150,113. Total assets reached ThUS$18,709,197, while equity grew to ThUS$1,926,703 from ThUS$1,337,202, reflecting improved balance sheet strength alongside positive comprehensive income of ThUS$763,376.
LATAM Airlines Group S.A. reported governance changes following its Ordinary Shareholders’ Meeting. Shareholders elected a nine-member Board of Directors that will serve for two years, including Enrique Cueto Plaza, Ignacio Cueto Plaza and three independent directors: Frederico F. Curado, Luis Felipe Cerón Cerón and Marcos Büchi Buc.
After the meeting, the Board appointed Ignacio Cueto Plaza as Chairman and Bornah Moghbel as Vice Chairman. The independent directors Curado, Cerón and Büchi will form the Directors’ Committee under Chilean law, and this committee will also act as the company’s Audit Committee for Sarbanes-Oxley compliance.
LATAM Airlines Group S.A. approved Dividend No. 55, a final minimum mandatory dividend for fiscal year 2025 totaling the equivalent of US$37,995,268.60. This corresponds to an equivalent of US$0.0000661689498 per share and, together with interim Dividend No. 54, represents 30% of distributable net income for 2025.
Dividend No. 55 will be paid in Chilean pesos from May 14, 2026, using the “observed” exchange rate published on May 8, 2026. Shareholders registered at midnight on May 8, 2026 will be entitled to receive the cash dividend, which will be paid mainly via bank demand drafts or deposits through Banco de Crédito e Inversiones.
LATAM Airlines Group S.A. reported strong March 2026 operating statistics, showing continued recovery and growth. Consolidated passenger capacity, measured in available seat-kilometers, rose 9.3% versus March 2025, led by a 12.5% increase in Brazil’s domestic market and 10.9% growth in international routes, including the new São Paulo–Amsterdam service.
Consolidated traffic, in revenue passenger-kilometers, grew 11.9% year-over-year, with Brazil’s domestic demand up 15.6% and international demand up 12.8%. The group’s load factor improved to 83.8%, 1.9 percentage points higher, and reached 85.3% for the first quarter. LATAM carried 7.6 million passengers in March, up 9.0% year-over-year.
In cargo, capacity in available ton-kilometers increased 6.8% to 723 million, while revenue ton-kilometers rose 4.3%. LATAM transported 87 thousand tons of cargo in March, a 5.5% increase compared to the prior year period, with a cargo load factor of 53.5%.
LATAM Airlines Group S.A. reports that its board will propose a final Dividend No. 55 for fiscal year 2025 to the Ordinary Shareholders’ Meeting on April 23, 2026. The proposed definitive minimum mandatory dividend totals the equivalent in Chilean pesos of US$37,995,268.60.
The dividend equals an amount in Chilean pesos equivalent to US$0.0000661689498 per share and, together with provisional Dividend No. 54 paid on December 23, 2025, represents 30% of distributable net income for 2025. If approved, the dividend will be paid from May 14, 2026 to shareholders of record at midnight on May 8, 2026, using the observed exchange rate published on May 8, 2026.
LATAM Airlines Group reported strong operating trends for February 2026. The group transported 7.1 million passengers, a 9.3% increase from February 2025, while consolidated load factor rose 2.2 percentage points to 85.6%, showing fuller planes.
Consolidated capacity, measured in available seat-kilometers, grew 11.4%, led by a 14.8% increase in international operations and 12.5% growth in LATAM Airlines Brazil’s domestic market. Traffic in revenue passenger-kilometers increased 14.4%, with international routes up 18.0% and Brazil domestic up 15.6%, indicating robust demand across segments.
In cargo, available ton-kilometers reached 686 million, up 7.6% year-over-year, and LATAM transported 82 thousand tons of cargo, a 3.6% increase. Cargo load factor edged down from 53.4% to 52.5%, reflecting capacity growth outpacing cargo traffic.
LATAM Airlines Group S.A. has filed its annual report on Form 20-F for the year ended December 31, 2025, detailing its business, capital structure and principal risks. The company lists common stock in Chile and American Depositary Shares on the NYSE, each ADS representing 2,000 common shares.
As of the period end, LATAM had 574,215,983,709 common shares outstanding and a fleet centered on Airbus and Boeing aircraft, with future Embraer E195-E2 deliveries planned. The report highlights the July 2024 NYSE relisting via a shareholder secondary sale of 19,000,000 ADSs at US$24.00 each, plus 1,773,026 additional ADSs under an overallotment option, from which LATAM received no proceeds.
The filing explains multi-currency IFRS reporting, hyper-inflationary accounting for LATAM Airlines Argentina under IAS 29, and extensive risk factors, including intense competition, reliance on key airports and suppliers, fuel price volatility, labor relations, cybersecurity, and political and economic instability across Latin America.
LATAM Airlines Group S.A. has called an Ordinary Shareholders' Meeting for April 23, 2026, at 11:00 a.m., to be held remotely via Zoom and the EVoting platform. Shareholders registered as of midnight on April 17, 2026, may participate with voice and vote.
The agenda includes approval of the 2025 Annual Integrated Report and financial statements, dividend distribution and policy, election and remuneration of the Board and Directors’ Committee, appointment of the external audit firm and risk rating agencies, procedures for dividend payments, related-party transactions, and other standard corporate matters.