Operator

Hello, and welcome, everyone, to the 1Q 2026 LATAM Airlines Group Earnings Conference Call. My name is Becky, and I will be your operator today. Before I turn the call over to management, I'd like to remind you that certain statements in this presentation and during the Q&A may relate to future events and expectations and as such, constitute forward-looking statements. Any matters discussed today that are not historical facts, particularly comments regarding the company's future plans, objectives and expected performance or guidance are forward-looking statements. These statements are based on a range of assumptions that LATAM believes are reasonable, but are subject to uncertainties and risks that are discussed in detail in the published 20-F 2026 guidance, earnings release, financial statements and related CMF and SEC filings. The company's actual results may differ significantly from those projected or suggested in any forward-looking statements due to a variety of factors, which are discussed in detail in our SEC filings.

And if there are any members of the press on this call, please note that for the media this is a listen-only call. I will now hand over to your host, Ricardo Bottas, CFO, to begin.

Please go ahead.

Ricardo Dourado
Chief Financial Officer

Hello, everyone, and good morning. Welcome to our first quarter 2026 conference call, and thank