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News Release

LATAM Airlines Group reports preliminary monthly statistics for April 2015
May 08, 2015

Santiago, Chile, May 8, 2015– 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 April 2015 compared to April 2014.

System passenger traffic increased by 0.5% while capacity increased by 1.5%. As a result, the Company’s load factor for the month decreased 0.8 points to 81.6%. 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 4.6%, while capacity increased by 5.2%. As a consequence, the domestic passenger load factor decreased 0.4 points to 77.4%.

Domestic passenger traffic in Brazil decreased by 1.8%, while capacity decreased by 2.7%. As a consequence, the domestic Brazil passenger load factor increased 0.8 points to 81.7%.

International passenger traffic increased by 0.7%, while capacity increased by 3.2%. Accordingly, the international passenger load factor for the month decreased 2.0 points to 82.9%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic for LATAM Airlines Group decreased 11.2% as capacity decreased 0.2%. As a consequence, the cargo load factor decreased 6.7 points to 54.4%. The decrease in cargo capacity is a result of reduced freighter operation. Cargo traffic decrease was driven by a weaker cargo scenario in Latin America, mainly due to the economic slowdown in the region.