|LATAM Airlines Group reports preliminary monthly statistics for September|
|Read complete report|
Santiago, Chile, October 10, 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 September 2012 compared to September 2011.
System passenger traffic increased 8.9% as capacity rose 2.0%. As a result, the Company’s load factor for the month increased 5.1 points to 80.4%. 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 11.0%, as capacity increased 11.5%. As a consequence, the domestic passenger load factor decreased 0.3 points to 77.5%.
Domestic passenger traffic in Brazil rose 13.6%, as capacity decreased 6.3%. As a consequence, the domestic Brazil passenger load factor increased 13.7 points to 78.1%.
International passenger traffic rose 5.6%, while capacity increased 6.1%. Accordingly, the international passenger load factor for the month decreased 0.4 points to 82.8%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.
Cargo traffic for LAN decreased 2.7% as capacity decreased 0.9%. As a consequence, the cargo load factor decreased 1.3 points to 69.3%. The decrease in traffic continues to be driven by weaker imports into Latin America. Regarding capacity, LAN received its third B777 freighter during September, which was offset in part by the reduction in ACMI capacity during the month.
About LATAM Airlines Group S.A.
LATAM Airlines Group S.A. is the new name given to LAN Airlines S.A. as a result of its association with TAM S.A. LATAM Airlines Group S.A. now includes LAN Airlines and its affiliates in Peru, Argentina, Colombia and Ecuador, and LAN Cargo and its affiliates, as well as TAM S.A. and its subsidiaries TAM LinhasAereas S.A., including its business units TAM TransportesAereos del Mercosur S.A., TAM Airlines (Paraguay) and Multiplus S.A. This association creates one of the largest airline groups in the world in terms of network connections, providing passenger transport services to about 150 destinations in 22 countries and cargo services to about 169 destinations in 27 countries, with a fleet of 321aircraft. In total, LATAM Airlines Group S.A. has more than 52,000 employees and its shares are traded in Santiago, as well as on the New York Stock Exchange, in the form of ADRs, and Sao Paulo Stock Exchange, in the form of BDRs.
Each airline will continue to operate under their current brands and identities. For any inquiry of LAN or TAM, please visit www.lan.com or www.tam.com.br, respectively. Further information at www.latamairlinesgroup.net