Purchase of 3,517 ultra-light containers

LATAM Airlines Group will reduce its C0₂ emissions by 10 thousand tons per year by changing containers

·       The new fleet of ultra-light containers will save 1 million gallons of fuel and USD 3.2 million per year.
·       The airline group hopes to reduce its CO₂ emissions by nearly 60 million tons over the next 5 years.
·       The airline group has invested USD 9.3 million in the purchase of the new containers.
·       LATAM Airlines Group and its cargo affiliates will be the first in the cargo industry to have a 100% ultra-light fleet.

LATAM Airlines Group and its affiliates announced the purchase of 3,517 ultra-light containers from Nordisk Aviation Products. These modern containers will replace all of those currently used in the company's cargo operations as well as those of LAN CARGO and its affiliates, MasAir, LAN CARGO Colombia and TAM Cargo.

These air containers make it possible to transport large cargo volumes in a single unit, as well as helping to mobilize different types of cargo more rapidly, efficiently, and with greater security and control.The material used to manufacture the containers has many advantageous properties, including high impact resistance and excellent stability when exposed to extreme temperatures. Kevlar® is 5 times stronger than the same amount of steel by weight, providing an ideal combination of ultra lightness and strength.

"We are very happy with this new acquisition, as it represents a major investment being made by our companies –more than USD 9 million- that will yield savings in fuel and maintenance as well as reducing annual CO₂ emissions by 10 thousand tons annually", stated Fernando Poitevin, Vice-President of Operations for LAN CARGO.

The Nordisk Ultralite containers are 30% lighter than the current aluminum containers, and are made of the same material used to manufacture bulletproof vests as well as other products such as underwater cables and space vehicles, and in military applications, including the aeronautical industry.

This agreement supports the long-term commitment of LATAM Airlines Group and its affiliates to improving fuel efficiency and thus lowering our environmental impact. The new containers will be used in several aircraft models included in LATAM fleets and those of its affiliates, including the Boeing 777F-300 cargo plane, one of the most modern and efficient aircraft in the industry.