|LATAM Airlines Group reports preliminar monthly statistics for October 2013|
Santiago, Chile, November 12, 2013– 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 October 2013 compared to October 2012.
System passenger traffic increased 3.1% as capacity decreased 2.1%. As a result, the Company’s load factor for the month increased 4.3 points to 83.3%. 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 9.9%, as capacity increased 7.3%. As a consequence, the domestic passenger load factor increased 1.9 points to 79.7%.
Domestic passenger traffic in Brazil decreased 0.5%, as capacity decreased 5.7%. As a consequence, the domestic Brazil passenger load factor increased 4.2 points to 80.3%.
International passenger traffic rose 3.6%, while capacity decreased 2.4%. Accordingly, the international passenger load factor for the month increased 5.0 points to 86.4%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.
Cargo traffic for LATAM decreased 2.7% as capacity decreased 4.4%. As a consequence, the cargo load factor increased 1.1 points to 60.5%. The decrease in cargo capacity is a result of a reduced freighter operation. The decrease in cargo traffic was driven by weaker imports into Latin America.
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 135 destinations in 22 countries and cargo services to about 144 destinations in 27 countries, with a fleet of 325 aircraft. 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