- The conversion plan shall be carried out in two levels and will enhance the cargo operators’ s joint capability by as much as 80%. The primary section options 4 confirmed plane to be acquired after conversion between 2021 and 2022. The second section consists of 4 further conversion choices for supply between 2022 and 2023.
- The addition of those plane would consolidate LATAM Group because the main group of cargo operators in South America. It’s going to permit the cargo associates to strengthen their operations from North America and Europe into South America, in addition to develop operations within the flower markets of Ecuador and Colombia.
- The choice to include further 767-300BCF was based mostly on the operational flexibility of the plane and its ranges of effectivity.
LATAM Airways Group (‘LATAM’) introduced a major enlargement of its cargo operations with the conversion of as much as eight Boeing 767-300ER plane into Boeing Transformed Freighters (‘BCF’) within the subsequent three years. This represents a freighter capability development of as much as 80%. This plan seeks to extend the service choices and leverage the synergies of working a single kind of plane.
The plan is split in two gradual levels. The primary section relies on 4 confirmed conversion slots with Boeing with re-deliveries between 2021 and 2022. Upon completion of that section, LATAM’s cargo operators’ fleet would attain a complete of 15 Boeing 767-300ER freighters. The second section consists of 4 conversion choices with Boeing that may permit plane to be added between 2022 and 2023. If all choices are executed LATAM would function a complete of 19 767-300ER freighters.
‘Regardless of the deep disaster the trade is enduring as a result of pandemic, we keep our dedication to help the area’s exporters and importers by offering them with extra and higher choices to hold their cargo to their locations. Because of this, we development plan have been accelerated with conversion of as much as eight Boeing 767-300ERs within the subsequent 30 months. This funding, along with the numerous price efficiencies that we’ve got generated in the course of the Chapter 11 course of, places us nearer to attaining our aspiration of being one of the best different for cargo clients,’ mentioned Roberto Alvo, CEO of LATAM Airways Group.
Andrés Bianchi, LATAM Cargo’s CEO, highlighted some great benefits of the Boeing 767-300ER freighter. ‘Combining the passenger stomach operations of LATAM Airways Group with 15 to 19 Boeing 767-300ER freighters effectively strengthens our buyer worth proposition. These conversions will allow the cargo associates to develop in key segments such the Colombian flower market or imports to Brazil. It additionally permits our associates to develop their community in home markets the place e-commerce is quickly producing a rise in air cargo visitors. Rising with Boeing 767-300CFs freighters is extraordinarily environment friendly as it’s the optimum plane for all these undertakings and we are able to reap the benefits of the advantage of working a single fleet kind.’
All through 2020, LATAM Cargo performed an lively and very important function in guaranteeing important provides reached Latin American international locations, particularly in locations with excessive and difficult-to-access areas like in international locations reminiscent of Brazil, Chile, Colombia, Ecuador, and Peru. LATAM additionally labored to safeguard the provision from the import and export sectors in South America, even growing their cargo frequencies by greater than 40% in some markets. To attain these outcomes, LATAM operated passenger planes for the unique transport of cargo.
As well as, in the course of the pandemic, LATAM landed for the primary time in China, trying to find medical provides for South America, finally making greater than 80 flights to the Asian continent. LATAM at present continues to make journeys to Europe and China to move COVID-19 vaccines into the area, and the LATAM Group’s Solidarity Aircraft Program has made its assets out there for the free transport of vaccines in home markets.
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About LATAM Airways Group S.A.
LATAM Airways Group is the main airline group in Latin America, current in 5 home markets within the area: Brazil, Chile, Colombia, Ecuador and Peru, in addition to worldwide operations inside Latin America and to Europe, america and the Caribbean.
The Group has a fleet of Boeing 767, 777, 787, Airbus A350, A321, A320, A320neo and A319 plane.
LATAM Airways Group’s shares are traded on the Santiago de Chile inventory alternate and its ADRs are traded on the over-the-counter (OTC) markets in america.
For press inquiries, please write to comunicaciones.externas@latam.com. Extra monetary data atwww.latamairlinesgroup.net.
