LATAM Airlines CEO, Roberto Alvo at the Airline Leader Summit Latin & Caribbean 2025
LATAM Airlines CEO, Roberto Alvo spoke to CAPA TV at the Airline Leader Summit Latin & Caribbean 2025, about latest industry trends and company developments.
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Transcript
Roberto Alvo:We have seen a very robust and stable domestic demand and also international. At this point, we haven't seen that the tariffs that are being discussed between Brazil and the US have affected travel to Brazil or from Brazil to the US. Probably we will see a little bit of that in cargo for exports from Brazil to the US because now they have a 50% tariff. But the air freight industry from Brazil to the US is relatively small, so it doesn't impact our operation in a significant way. But in general, Brazil has been very robust and very resilient in terms of its demand. We're always looking at opportunities and we're exploring today, as I talked about, the regional aircraft. And we're exploring other things as well. So whenever we finalize this and if we decide that it makes sense for our network to fly other aircraft than the ones we fly today, we will make that decision. But today there is no decision with respect to that. So we are very content with what we're flying. We still have a number of Airbus A320 aircraft that we will receive in 2025. So with that, the growth that we have for this year and for the beginning of next year is ensured. What we have done is we have provided guidance to the market after our 2nd quarter results, and what we expect is to grow in the high single digits area, and we expect our EBITDA in particular to be around $3.75 billion. So we see a very solid development for LATAM for the 2nd half of the year, and that's reflected on the guidance that we have provided to the market. This year we have been receiving our A320s, which is what we have received. Very well on schedule. We see challenges going forward and we, we see issues with the engines and engine manufacturing as well. Supply chain is still disturbed from the, from the years of the pandemic. But what the expectation we have is for the remainder of the year is that we will do receive the aircraft that we ordered for 2025. So in that sense, we're confident. 787 was delayed. So we're receiving— actually, we were going to receive 2 aircraft in 2025. Now we're going to receive one in 2025 and one in the beginning of 2026. But we are seeing a significant improvement on the Boeing production side. So as we think about the upcoming deliveries now, we're much more confident that they will meet the timeline that was committed. Thanks.
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