LATAM Cargo News
LATAM HAS ALREADY TRANSPORTED MORE THAN 50 MILLION VACCINES FREE OF CHARGE WITHIN SOUTH AMERICA
The number of vaccines transported free of charge by LATAM is 40% of the doses administered in the region and 2% of the doses worldwide.
Santiago (Chile), June 22, 2021 - The LATAM Group reached 50 million vaccines against SARS-CoV-2, distributed free of charge in South America within the framework of its "Solidarity Plane" program. This unprecedented logistical effort occurs after the commitment made with the governments of the countries where the group has a domestic operation to transport vaccines free of charge on its flights using the highest biosafety standards.
LATAM has distributed more than 50 million doses in Brazil, Chile, Ecuador and Peru, which is equivalent to 40% of the doses administered in the region and 2% of the doses worldwide.
"We are honored to be able to contribute from our role to defeat COVID-19. We understand that our role is not only to connect this region with the world, but also to contribute to the well-being of the communities of South America. That is why we will continue to make our Solidarity Plane program available to support the transfer of vaccines, people, supplies or cargo in health matters, natural disasters or care for the environment," declared the CEO of LATAM Airlines Group, Roberto Alvo.
With more than 10 years of history, LATAM Group's Solidarity Plane program seeks to generate value in society through connectivity. To date, it has mobilized in South America more than 1,800 health professionals and patients with urgent medical needs, and more than 570 tons of cargo, including medical supplies and vaccines.
For more information about LATAM Group's Sustainability strategy, visit https://www.latam.com/sustainability
LATAM CONFIRMS EXPANSION OF ITS CARGO FLEET UP TO 21 BOEING 767 PLANES IN 2023
The Group informed that two additional aircraft were added to the conversion plan of eight aircraft informed in March. This will bring the cargo fleet up to 21 Boeing 767-300 by 2023. Once completed, the Group's freighter capacity will have almost doubled in size while the average age of the fleet will have dropped from 17 to 14 years.
LATAM Group will receive four converted aircraft between 2021 and 2022, plus six more aircraft between 2022 and 2023.
LATAM Group ("LATAM") announced the expansion of its freighter fleet growth under which it now plans to add 10 Boeing 767-300 Boeing Converted Freighters over the next three years. This will bring the fleet size to up to 21 freighters by 2023. The first aircraft will be expected to begin operations in December 2021.
The Group's freighter fleet growth plan initially included four firm conversion orders with Boeing and another four conversion options. Two months after the initial announcement, LATAM has exercised the four options, eight planes, and the conversion of two additional Boeing 767-300ERs. This means that the freighter fleet will be comprised of up to 21 aircraft by the end of 2023. Upon completion of the plan the Group will have almost doubled its freighter capacity as well as reduced the average fleet age from 17 to 14 years.
"The decision to expand our fleet is based on the attractive growth opportunities available, recent efficiency improvements and flexibility that the Boeing 767F freighter offers. Thanks to these elements we believe we will grow profitably, even if facing conditions similar to those that we faced before the pandemic. This expansion will allow LATAM'ss cargo subsidiaries to continue responding to our customers's needs and supporting the region'ss economic growth through increased and improved connectivity", said Andrés Bianchi, LATAM Cargo CEO.
Growing from 11 to 21 freighter planes will enable the LATAM Group's cargo subsidiaries to expand and reinforce their capacity to, from and within South America, and positioning the Group as the main freighter operator group in the region. The first eight airplanes have been allocated to markets that are critical for key customer segments.
"In general terms, the majority of the plan focuses on improving connectivity between North and South America. In particular, capacity from Colombia and Ecuador will be strengthened to support the flower export industry. Additional flights to support Chilean salmon exports as well as import traffic into the country will also be reinforced. Capacity to and from Brazil will also go up as we add routes from North America and Europe, boosting both the export and import markets", said Kamal Hadad, LATAM Cargo's Network and Alliances Director.
Hadad added that the freighter fleet flexibility will help LATAM assess a range of options. "For example, the two additional conversions could be used to refresh the current fleet or to begin new growth projects. The Group still has time to make the relevant decisions," he concluded.
LATAM also announced that it will use some of the 767-300ERs that are awaiting conversion under a hybrid format to benefit customers in the short term. The seats will be completely removed from three planes for this purpose in order to have a payload of up to 46 tons per flight. Two of these planes are already operational. The third one is expected to be available in the second quarter of 2021.
Furthermore, LATAM is optimizing commonality across their fleet of 767-300 production and converted freighters to maximize capacity, including the ability to transport delicate goods.
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