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News Release

LATAM Airlines Group reports preliminary monthly statistics for September 2014
October 09, 2014

Santiago, Chile, October 9, 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 September 2014 compared to September 2013.

System passenger traffic increased by 2.6% while capacity increased by 1.0%. As a result, the Company’s load factor for the month increased 1.3 points to 84.3%. 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 7.3%, while capacity increased by 4.5%. As a consequence, the domestic passenger load factor increased 2.1 points to 80.9%.

Domestic passenger traffic in Brazil decreased by 1.4%, while capacity increased by 0.6%. As a consequence, the domestic Brazil passenger load factor decreased 1.6 points to 79.6%.

International passenger traffic increased by 3.7%, while capacity increased by 0.2%. Accordingly, the international passenger load factor for the month increased 3.0 points to 88.5%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic for LATAM decreased 3.2% as capacity decreased 3.6%. As a consequence, the cargo load factor increased 0.2 points to 59.4%. The decrease in cargo capacity is a result of a reduced freighter operation in addition to decreased availability in the bellies of passenger aircraft. Cargo traffic decrease was driven by weaker imports into Latin America.