LAN Airlines Monthly Statistics Report for April 2010

LAN Airlines S.A. and its subsidiaries, (“LAN” or “the Company”) (NYSE: LFL / IPSA: LAN), reported its preliminary monthly traffic statistics and punctuality indicators for April 2010.

System passenger traffic for April increased 0.1% as capacity rose 7.1%. As a result, the Company’s load factor decreased 5.0 points to 71.6%. International passenger traffic accounted for approximately 69% of total passenger traffic.

Domestic passenger traffic in Chile, Argentina, Peru and Ecuador rose 6.6% as capacity increased 5.3%. As a consequence, the domestic load factor for the month increased 1.0 point to 74.6%.

International passenger traffic for April declined 2.7% while capacity increased 7.9%. Accordingly, the international passenger load factor for the month decreased 7.7 points to 70.3%. During April, demand continued to show the impact of the earthquake that affected Chile during February causing lower demand especially on regional routes and North American routes.

During April, cargo traffic increased 39.6%. This increase was mainly due to the recovery in imports to Latin America driven by Brazil; a seed season considerably better than the previous year, and the increase in operations to Europe with the B777-200 freighter fleet. In-line with the higher demand, capacity grew 24.3%. As a result, the cargo load factor rose 8.0 points to 73.6%.

During April, 90.6% 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 0.3 points compared to April 2009.



Source: Airline News Resource / Nevistas


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