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LATAM Airlines Group monthly statistics report for June 2012
Santiago, Chile, July 11, 2012- LATAM Airlines Group S.A. and its subsidiaries, ("LATAM Airlines Group" or "the Company") (NYSE: LFL / IPSA: LAN / Bovespa: LATM11), one of the leading airlines in Latin America, today reported its preliminary monthly traffic statistics for June 2012 compared to June 2011.
System passenger traffic increased 11.5% as capacity rose 6.0%. As a result, the Company's load factor for the month increased 3.8 points to 77.8%. International passenger traffic accounted for approximately 52.5% 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 25.6%, as capacity increased 23.0%. As a consequence, the domestic passenger load factor increased 1.6 points to 76.1%.
Domestic passenger traffic in Brazil rose 10.9%, as capacity increased 2.5%. As a consequence, the domestic Brazil passenger load factor increased 5.4 points to 72.0%.
International passenger traffic rose 9.0%, while capacity increased 4.9%. Accordingly, the international passenger load factor for the month increased 3.1 points to 82.5%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.
Cargo traffic for LAN grew 1.3% as capacity increased 0.3%. As a consequence, the cargo load factor increased 0.7 points to 69.5%. The slight growth in cargo capacity is a result of an increased availability in the bellies of passenger aircrafts. Cargo traffic growth was driven by strong demand for commodities from South America, partially offset by weaker imports into Latin America.
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 312 aircraft. In total, LATAM Airlines Group S.A. has more than 51,000 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 BDRs.
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
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: LATAM Airlines Group via Thomson Reuters ONE
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