Latam Airlines Group

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LATAM Airlines Group reports preliminary monthly statistics for April 2013
May 10, 2013
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Santiago, Chile, May 10, 2013- 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 preliminary monthly traffic statistics for April 2013 compared to April 2012.

System passenger traffic decreased 1.1% as capacity rose 0.1%. As a result, the Company's load factor for the month decreased 0.9 points to 77.0%. International passenger traffic accounted for approximately 53% 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 12.3%, as capacity increased 16.0%. As a consequence, the domestic passenger load factor decreased 2.5 points to 74.6%.

Domestic passenger traffic in Brazil decreased 6.9%, as capacity decreased 11.7%. As a consequence, the domestic Brazil passenger load factor increased 3.8 points to 73.3%.

International passenger traffic decrease 0.6%, while capacity increased 5.0%. Accordingly, the international passenger load factor for the month decreased 4.5 points to 80.2%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic rose 10.0% as capacity increased 7.1%. As a consequence, the cargo load factor increased 1.6 points to 61.2%. The growth in cargo capacity is a result of an increased availability in the belly of passenger aircrafts. The increase in cargo traffic was mainly driven by delayed seasonal demand.