|LATAM Airlines Group reports revised monthly statistics for November 2012|
|Read complete report|
Santiago, Chile, December 21, 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 revised monthly traffic statistics for November 2012 compared to November 2011.
System passenger traffic increased 12.0% as capacity rose 6.5%. As a result, the Company’s load factor for the month increased 3.9 points to 78.3%. International passenger traffic accounted for approximately 50% 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 13.8%, as capacity increased 14.9%. As a consequence, the domestic passenger load factor decreased 0.7 points to 78.8%.
Domestic passenger traffic in Brazil rose 14.7%, as capacity decreased 5.2%. As a consequence, the domestic Brazil passenger load factor increased 14.0 points to 80.7%.
International passenger traffic rose 9.8%, while capacity increased 13.4%. Accordingly, the international passenger load factor for the month decreased 2.5 points to 76.6%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.
Cargo traffic for LATAM Airlines Group decreased 3.7% as capacity increased 3.1%. As a consequence, the cargo load factor decreased 4.3 points to 60.5%. The decrease in traffic continues to be driven by weaker imports into Latin America, especially Brazil.
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 Linhas Aereas S.A., including its business units TAM Transportes Aereos 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 320aircraft. 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