UPDATE 1-Chile's LAN passenger traffic up 10.7 pct in 2009

* LAN passenger traffic up 10.6 in December

* International passenger traffic up 12.8 percent in Dec (Adds LAN share price and background)

SANTIAGO Jan 11 (Reuters) - Chile's flagship airline LAN LAN.SN (LFL.N) said on Monday its passenger traffic rose 10.7 percent in 2009 from a year earlier, despite a crippling financial global crisis that hurt the travel industry.

Passenger traffic rose 10.6 percent in December from the same month in 2008. In November, passenger traffic climbed 13.3 percent from a year earlier.

International passenger traffic rose 12.8 percent in December compared to the same month the previous year and was up 6.9 percent in full-year 2009.

Domestic passenger traffic in Argentina, Chile, Ecuador and Peru, rose 5.9 percent in December and 20.6 percent in all of 2009.

The Santiago-based company, which is one of Latin America's biggest airlines, inked a deal in December to buy 30 new Airbus A320 short-haul planes worth around $1.97 billion to renew its fleet. [ID:nN23150605]

Shares in LAN rose 0.81 percent to 8,600 pesos after hitting a high of 8,630 pesos earlier on Monday.

LAN accounts for more than one half of Chile's international passenger traffic and nearly three quarters of its domestic traffic. (Reporting by Antonio de la Jara; Writing by Alonso Soto; Editing by Tim Dobbyn)