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LAN Airlines S.A. and its related companies, ("LAN" or "the
Company") (NYSE: LFL / IPSA: LAN), one of the leading airline groups
in Latin America, reported its preliminary monthly and accumulated
traffic statistics and punctuality indicators for February 2007.
System passenger traffic for February increased 27.6% as capacity
rose 19.7%. As a result, the Company's load factor increased 5.0
points to 80.5%. International passenger traffic accounted for
approximately 87% of total passenger traffic.
International passenger traffic for February rose 31.3% as
capacity increased 23.0%. Accordingly, the international passenger
load factor for the month increased 5.2 points to 82.1%. Long-haul
capacity grew due to an increase in operations including routes to the
United States, the South Pacific, Europe and Mexico and the Caribbean.
Short-haul capacity grew mainly as a result of an expansion in
regional operations, as well as expansions in the Argentine and
Peruvian domestic markets.
Domestic passenger traffic in Chile rose 7.3% as capacity
increased by 3.8%. As a consequence, the domestic load factor for the
month increased 2.3 points to 71.0%. Growth in domestic traffic
resulted primarily from the implementation in October 2006 of test
programs for the Company's new business model aimed at increasing the
efficiency of domestic and short-haul operations.
Cargo traffic increased 2.8% as capacity rose 3.9%. As a
consequence, the cargo load-factor decreased 0.7 points to 64.5%.
Cargo traffic grew mainly as a result of stronger imports into the
region and exports from Peru and Ecuador, partially offset by the
continued weakness of other exports from Chile, and to a lesser extent
Brazil.
In February, 87.8% 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 2.3 point decrease compared to same
month of 2006.
About LAN
LAN Airlines is one of the leading airlines in Latin America.
"LAN" makes reference to the consolidated entity that includes LAN
Airlines, LAN Express, LAN Peru, LAN Ecuador, and LAN Argentina, as
well as LAN Cargo and its affiliates. Through its own operations and
code-share arrangements, the LAN Alliance serves 15 destinations in
Chile, eleven destinations in Peru, nine destinations in Argentina,
two in Ecuador, 30 destinations in other Latin American countries, 25
in North America, 13 destinations in Europe, four in the South Pacific
and one in Asia. Currently, the LAN Alliance operates 70 passenger
aircraft and 10 dedicated freighters.
LAN Airlines is a member of oneworld (TM), the world's leading
global airline alliance. It has bilateral commercial agreements with
oneworld partners American Airlines, British Airways, Iberia and
Qantas, as well as with Alaska Airlines, AeroMexico, Mexicana, and
TAM. For more information visit www.lan.com or
www.oneworldalliance.com.
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