SANTIAGO Nov 12 Latin America's largest
carrier, LATAM Airlines , said on Tuesday that
total passenger traffic increased 3.1 percent in October from
the previous year, led by rising numbers of domestic travelers
The company was formed in 2012 from the tie-up of Chile's
LAN and Brazilian airline TAM.
In October, Brazilian domestic passenger traffic slipped 0.5
percent, while non-Brazil domestic passenger traffic increased
9.9 percent, the carrier said in a statement.
LATAM Airlines has domestic operations in Argentina, Brazil,
Chile, Colombia, Ecuador, Paraguay and Peru.
Load factor - a measure of how full planes are - rose 4.2
percentage points to 80.3 percent in Brazil. The company has
been cutting capacity in the country to boost efficiency.
LATAM Airlines has been battered by weakness in its
Brazilian market but reported a swing to a net profit for the
third quarter and improving margins on Monday in a sign that it
may have started to turn the corner.