2012-11-14 22:29:55 -
Santiago, Chile, November 14, 2012- LATAM Airlines Group S.A. and its
subsidiaries, ("LATAM Airlines Group" or "the Company") (NYSE: LFL /
IPSA: LAN /
Bovespa: LATM11), the leading airline group in Latin America, today reported its
preliminary monthly traffic statistics for October 2012 compared to October
System passenger traffic increased 8.8% as capacity rose 5.7%. As a result, the
Company's load factor for the month increased 2.2 points to 77.8%. International
passenger traffic accounted for approximately 52% of the month's total passenger
Domestic passenger traffic in LATAM Airlines Group's Spanish speaking operations
(Chile, Argentina, Peru, Ecuador and Colombia) rose 13.1%, as capacity increased
17.7%. As a consequence, the domestic passenger load factor decreased
Domestic passenger traffic in Brazil rose 10.7%, as capacity decreased 3.7%. As
a consequence, the domestic Brazil passenger load factor increased 9.9 points to
International passenger traffic rose 6.4%, while capacity increased 9.9%.
Accordingly, the international passenger load factor for the month decreased
2.6 points to 79.4%. International traffic includes international operations of
both LAN and TAM on regional and long haul routes.
Cargo traffic for LATAM Airlines Group decreased 3.7% as capacity increased
0.2%. As a consequence, the cargo load factor decreased 2.4 points to 59.4%. The
decrease in traffic continues to be driven by weaker imports into Latin America,
especially Brazil. Regarding capacity, the company received its fourth B777
freighter during October.
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 150 destinations in 22 countries
and cargo services to about 169 destinations in 27 countries, with a fleet of
320aircraft. 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
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
Preliminary Monthly Statistics Report for October 2012:
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Source: LATAM Airlines Group via Thomson Reuters ONE