|LATAM Airlines Group reports preliminar monthly statistics for June 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.