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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 July 2007.
System passenger traffic for July increased 25.2% as capacity rose
20.8%. As a result, the Company's load factor increased 2.8 points to
80.3%. International passenger traffic accounted for approximately 88%
of total passenger traffic.
International passenger traffic for July rose 24.7% as capacity
increased 21.9%. Accordingly, the international passenger load factor
for the month increased 1.8 points to 80.7%. Long-haul capacity grew
due to an increase in operations to the United States, the South
Pacific 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 29.3% as capacity
increased 13.2%. As a consequence, the domestic load factor for the
month increased 9.6 points to 77.0%. Growth in domestic traffic
resulted primarily from the implementation, on April 9, 2007, of the
Company's new business model for short-haul operations, aimed at
enabling more people to fly, while taking advantage of the scheduling,
comfort and fares that LAN offers.
Cargo traffic increased 4.1% as capacity rose 9.6%. As a
consequence, the cargo load-factor decreased 3.3 points to 63.4%.
Cargo traffic grew mainly as a result of stronger imports into the
region, partially offset by the continued weakness of exports from
Chile and Brazil.
In July, 74.8% 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 8.0 point decrease, mainly due to meteorological
factors that caused delays during the month compared to July 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. The LAN Alliance serves 15
destinations in Chile, 12 destinations in Peru, 10 destinations in
Argentina, two destinations in Ecuador, 15 destinations in other Latin
American countries and the Caribbean, three destinations in the United
States, two destinations in Europe and four destinations in the South
Pacific, as well as 52 additional international destinations through
its various code-share agreements. 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, TAM and
Korean Air. For more information visit www.lan.com or
www.oneworldalliance.com.
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