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|LATAM Airlines Group reports preliminary monthly statistics for July 2012|
Santiago, Chile, August 9, 2012– LATAM Airlines Group S.A. and its subsidiaries, (“LATAM Airlines Group” or “the Company”) (NYSE: LFL / IPSA: LAN / Bovespa: LATM11), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for July 2012 compared to July 2011.
System passenger traffic increased 7.9% as capacity rose 2.9%. As a result, the Company’s load factor for the month increased 3.9 points to 83.6%. International passenger traffic accounted for approximately 49% 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 24.7%, as capacity increased 22.4%. As a consequence, the domestic passenger load factor increased 1.5 points to 81.8%.
Domestic passenger traffic in Brazil rose 10.1%, as capacity decreased 1.4%. As a consequence, the domestic Brazil passenger load factor increased 8.5 points to 81.4%.
International passenger traffic rose 2.6%, while capacity increased 1.6%. Accordingly, the international passenger load factor for the month increased 0.8 points to 85.8%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.
Cargo traffic for LAN declined 4.5% as capacity decreased 2.8%. As a consequence, the cargo load factor decreased 1.2 points to 68.1%. The decline in cargo capacity is related to the drop in cargo traffic that was driven by weaker imports into Latin America, partially offset by strong demand for commodities from South America.