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News Release

LATAM Airlines Group reports preliminar monthly statistics for June 2014
July 08, 2014

Santiago, Chile, July 8, 2014– 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 June 2014 compared to June 2013.

System passenger traffic increased by 1.1% while capacity decreased by 1.1%. As a result, the Company’s load factor for the month increased 1.8 points to 81.9%. International passenger traffic accounted for approximately 54% 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 1.1%, while capacity decreased by 1.0%. As a consequence, the domestic passenger load factor increased 1.6 points to 76.1%.

Domestic passenger traffic in Brazil decreased by 5.2%, while capacity decreased by 5.1%. As a consequence, the domestic Brazil passenger load factor decreased 0.1 points to 80.8%.

International passenger traffic increased by 5.1%, while capacity increased by 1.5%. Accordingly, the international passenger load factor for the month increased 2.9 points to 84.2%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic for LATAM decreased 5.1% as capacity decreased 6.4%. As a consequence, the cargo load factor increased 0.8 points to 57.2%. The decrease in cargo capacity is a result of a decreased availability in the bellies of passenger aircraft in addition to a reduced freighter operation. Cargo traffic decrease was driven by weaker imports into Latin America.