LATAM GROUP LAUNCHES SIGNIFICANT GROWTH PLAN TO MOVE CARGO BETWEEN EUROPE AND THE AMERICAS WITH MORE FREQUENCIES AND NEW ROUTES

●  The growth plan will be implemented gradually, allowing a wider range of the transatlantic O/Ds’ offer by opening new freighter routes from Europe to strategic cities in the U.S. and, from there, offering multiple origin-destination combinations from Europe to Central and South America.

●  With this plan, LATAM Group’s cargo operators will increase their out-of-Europe cargo capacity by 160% compared to pre-pandemic levels (2019).

●  The new cargo routes will be operated by LATAM Cargo Colombia.

July, 2022.- LATAM Airlines Group (“LATAM”) unveiled a significant plan that seeks to reinforce cargo connectivity between Europe and the Americas, thus offering its customers more and better solutions. The plan will be implemented gradually during the second half of this year, with more frequencies, a more diversified transatlantic network between Europe and strategic U.S. cities, and greater connectivity to Central and South America via New York and Miami.

Specifically, LATAM Group’s cargo operators will practically double their capacity between Europe and the Americas, increasing their weekly frequencies by 85% from 7 to 13, that is, a 160% growth compared to pre-pandemic levels (2019).  In addition, new routes will be opened between Europe and the United States that will be served by freighter aircraft operated by LATAM Cargo Colombia.

In particular, the itineraries are Amsterdam (AMS) – New York (JFK) / Miami (MIA) – Bogota (BOG); Amsterdam (AMS) – New York (JFK) / Miami (MIA) – Viracopos (VCP) – Bogota (BOG); and Amsterdam (AMS) – Madrid (MAD) – New York (JFK)/ Miami (MIA) – Bogotá (BOG), each one with two weekly frequencies.

From New York, customers may access the connectivity offered by LATAM Group’s passenger network, and from Miami they can use the airline’s combined cargo and passenger aircraft service. With more than 30 options, LATAM’s cargo operators will offer the largest number of origin-destination alternatives between Europe and Central and South America, facilitating the carriage of pharmaceuticals, vehicle spare parts, and general cargo, among others.

On another note, LATAM reaffirms its commitment to connect Europe and Brazil with Miami as a connection point by increasing its service to Sao Paulo, with a total of 9 weekly frequencies operated by LATAM Cargo Colombia.

“The growth of our cargo network, coupled with the improvements to our systems through CROAMIS and the new distribution channels that make capacity available, reflect the commitment of LATAM and its cargo subsidiaries to offer more and better alternatives to our customers and to provide the solution of excellence our customers require to connect the world to South America”, commented Andrés Bianchi, CEO of LATAM Cargo.

The new offering is the result of the flexibility obtained from the fleet expansion of LATAM’s cargo subsidiaries, together with the versatility of our B767F to operate on multiple types of routes and optimize connectivity in the Miami transit hub. Today, LATAM Group’s cargo operators run 14 freighters, with plans to expand that number to 16 by the end of the year.