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LATAM Airlines Group releases its first Sustainability Report

Written by thomas · Filed Under Commercial 

May 6, 2014

thomas

The first document since the creation of the airlines group, officially presenting its social, environmental and economic performance.
Santiago, May 5, 2014 – Today, LATAM Airlines Group released its Sustainability Report, the first released by the company since its integration, where you can find important information about its social, economic and environmental performance, according to the Group’s 2013 operation.
As stated in the report, last year 4.1 million foreign passengers were transported to key South American destinations. From this, the company estimated that U.S. $ 4,300 million in yearly revenue was contributed to the tourism sector in the region, for expenses in airports, accommodation, meals, transfers, sightseeing and shopping.

Given the impact on local economies, LATAM Airlines Group has endeavored to promote sustainable tourism, with the development of a responsible operation that preserve both the cultural and environmental heritage in different locations and countries in which it operates.

It also emphasizes the ongoing quest for efficiency in flight operations, focusing on business sustainability and reduced environmental impact. Therefore, focus has been placed on fleet modernization, operational efficiency to boost results and the search for intelligent fuel use.

Today, the LATAM Airlines Group fleet is on average seven years old, one of the most modern in the industry, resulting in greater fuel use efficiencies and less greenhouse gas emissions. The company has committed investments of U.S. $ 12,213 million until the year 2020 for 166 new aircraft, which include the Boeing 787, and Airbus A320neo and A350.

FUEL EFFICIENCY PROGRAMS

To improve the operation’s efficiency, LATAM Group has plans with Smart Fuel and Lean Fuel (both for optimizing the use of fuels), as well as making better use of aircraft capacity, focusing on filling seats and the belly of the aircraft, which in turn positively impacts costs and environmental indicators indirectly.
To produce this report, the group consulted different interest groups in Chile and Brazil, from clients and staff to organizations specializing in this field. Guidelines from the latest version of G4 GRI (Global Reporting Initiative) were used as reference.

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