Latam Airlines Group Reports Preliminary Monthly Statistics For September 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 September 2012 compared to September 2011.

System passenger traffic increased 8.9% as capacity rose 2.0%. As a result, the Company’s load factor for the month increased 5.1 points to 80.4%. 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 11.0%, as capacity increased 11.5%. As a consequence, the domestic passenger load factor decreased 0.3 points to 77.5%.

Domestic passenger traffic in Brazil rose 13.6%, as capacity decreased 6.3%. As a consequence, the domestic Brazil passenger load factor increased 13.7 points to 78.1%.

International passenger traffic rose 5.6%, while capacity increased 6.1%. Accordingly, the international passenger load factor for the month decreased 0.4 points to 82.8%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic for LAN decreased 2.7% as capacity decreased 0.9%. As a consequence, the cargo load factor decreased 1.3 points to 69.3%. The decrease in traffic continues to be driven by weaker imports into Latin America. Regarding capacity, LAN received its third B777 freighter during September, which was offset in part by the reduction in ACMI capacity during the month.  

Source = LATAM Airlines Group S.A.
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