LAN Airlines passenger traffic climbs 13.9% in May
Santiago, Chile, June 8, 2010 - 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 May 2010.
System passenger traffic for May increased 13.9% as capacity rose 10.7%. As a result, the Company’s load factor increased 2.0 points to 74.3%. International passenger traffic accounted for approximately 70% of total passenger traffic.
Domestic passenger traffic in Chile, Argentina, Peru and Ecuador rose 15.2% as capacity increased 10.1%. As a consequence, the domestic load factor for the month increased 3.3 points to 75.3%.
International passenger traffic for May grew 13.3%, while capacity increased 11.0%. Accordingly, the international passenger load factor for the month increased 1.5 points to 73.8%. During May, international capacity was mainly driven by an increase in operations on routes to Europe, Mexico and the Caribbean.
During May, cargo traffic increased 39.3%. This increase was mainly due to the recovery in imports to Latin America driven by Brazil and the increase in operations to Europe with the B777-200 freighter fleet. In-line with higher demand, capacity grew 30.6%. As a result, the cargo load factor rose 4.4 points to 70.4%.
During May, 85.1% 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 a decrease of 2.7 points compared to May 2009.