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LATAM Airlines Group reports preliminary monthly statistics for August 2014
September 08, 2014

Santiago, Chile, September 8, 2014– LATAM Airlines Group S.A. and its subsidiaries, (“LATAM Airlines Group” or “the Company”) (NYSE: LFL / IPSA: LAN / Bovespa: LATM33), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for August 2014 compared to August 2013.<?xml:namespace prefix="o" ns="urn:schemas-microsoft-com:office:office"?>

System passenger traffic increased by 5.5% while capacity increased by 1.0%. As a result, the Company’s load factor for the month increased 3.6 points to 84.5%. International passenger traffic accounted for approximately 52% of the month’s total passenger traffic.

Domestic passenger traffic in LATAM Airlines Group’s Spanish speaking operations (Chile, Argentina, Peru, Ecuador and Colombia) rose 9.2%, while capacity increased by 1.6%. As a consequence, the domestic passenger load factor increased 5.8 points to 82.8%.

Domestic passenger traffic in Brazil increased by 2.9%, while capacity increased by 0.4%. As a consequence, the domestic Brazil passenger load factor increased 2.0 points to 80.7%.

International passenger traffic increased by 6.0%, while capacity increased by 1.2%. Accordingly, the international passenger load factor for the month increased 4.0 points to 87.6%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic for LATAM decreased 1.9% as capacity decreased 5.6%. As a consequence, the cargo load factor increased 2.2 points to 59.0%. The decrease in cargo capacity is a result of a reduced freighter operation in addition to decreased availability in the bellies of passenger aircraft. Cargo traffic decrease was driven by weaker imports into Latin America.