LAN Airlines Monthly Statistics Report For October 2009
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SANTIAGO, Chile, Nov. 9 /PRNewswire-FirstCall/ -- LAN Airlines S.A. and
its subsidiaries ("LAN" or "the Company") (NYSE: LFL / IPSA: LAN), one of the
leading airlines in Latin America, today reported its preliminary monthly
traffic statistics and punctuality indicators for October 2009.
System passenger traffic for October increased 15.7% as capacity rose
10.1%. As a result, the Company's load factor increased 3.9 points to 80.2%.
International passenger traffic accounted for approximately 69% of total
passenger traffic.
Domestic passenger traffic in Chile, Argentina, Peru and Ecuador rose
14.1% as capacity increased 8.6%. As a consequence, the domestic load factor
for the month increased 3.8 points to 79.1%.
International passenger traffic for October rose 16.5% as capacity
increased 10.8%. Accordingly, the international passenger load factor for the
month increased 3.9 points to 80.7%. International capacity was mainly driven
by an increase in operations on routes to Europe, as well as on certain
regional routes.
In line with the global decline in import and export markets, during the
month of October cargo traffic decreased 6.2%. This decrease was mainly due to
the slowdown in import and export markets in Latin America, as well as the
reduction of salmon exports from Chile. In line with the decrease in demand,
capacity fell 4.8%, mainly through the reduction of ACMI leases. As a result,
the cargo load factor decreased 1.0 point reaching 70.7%.
During October, 91.6% of the Company's total flights left on time based on
a fifteen-minute standard (all departures leaving within fifteen minutes of
the scheduled departure time are considered as "on-time"). This represented an
increase of 2.3 points compared to October 2008.
About LAN
LAN Airlines is one of the leading passenger and cargo airlines in Latin
America. The company and its affiliates serve over 65 destinations around the
world through an extensive network that offers full connectivity within Latin
America, while also linking the region with North America, Europe and the
South Pacific, as well as 63 additional international destinations through its
various alliances. LAN Airlines and its affiliates have a leading position in
their respective domestic markets of Chile and Peru as well as an important
presence in the Argentinean domestic market and have begun operations in the
domestic market of Ecuador.
Currently, LAN Airlines and its affiliates operate one of the most modern
fleets in the world, with 83 passenger aircraft, and its cargo subsidiary, LAN
CARGO and its respective cargo affiliates, have a fleet of 11 dedicated
freighters. The company recently completed its short haul fleet renovation
process by acquiring new aircraft from the Airbus A320 family, enabling LAN to
improve its efficiency and to reduce significantly its CO2 emissions. The
fleet renovation is part of the company's commitment to the protection of the
environment.
LAN is one of the few Investment Grade airlines in the world (BBB). The
company's world class quality standards enabled its membership in
oneworld(TM), the global alliance that encompasses the best airlines in the
world. For more information please visit www.lan.com or
www.oneworldalliance.com .
CONTACTS IN CHILE
Investor Relations
gisela.escobar@lan.com
rodrigo.petric@lan.com
bernardita.sepulveda@lan.com
Tel: (56-2) 565-8785
CONTACTS IN NEW YORK
Maria Barona/Pete Majeski
lan@i-advize.com
i-advize Corporate Communications, Inc.
Tel: (212) 406-3690
SOURCE LAN Airlines S.A.
Contacts in Chile: Investor Relations, gisela.escobar@lan.com,
rodrigo.petric@lan.com, or bernardita.sepulveda@lan.com, all of LAN, +011-562-
565-8785; or Contacts in New York, Maria Barona or Pete Majeski, both of i-
advize Corporate Communications, +1-212-406-3690, lan@i-advize.com, for LAN
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