Latam Airlines Group reports preliminary monthly statistics for August 2013 Santiago, Chile, September 9, 2013 – LATAM Airlines Group S.A. and its subsidiaries, (“LATAM Airlines Group” or “the Company”) (NYSE: LFL / IPSA: LAN / Bovespa: LATM11), the leading airline group in Latin America, today reported preliminary monthly traffic statistics for August 2013 compared to August 2012. System passenger traffic increased 1.6% as capacity decreased 0.4%. As a result, the Company’s load factor for the month increased 1.6 points to 80.9%. International passenger traffic accounted for approximately 52% of the month’s total passenger traffic. Domestic passenger traffic in LATAM Airlines Group’s Spanish speaking operations (Chile, Argentina, Peru, Ecuador and Colombia) rose 9.0%, as capacity increased 13.2%. As a consequence, the domestic passenger load factor decreased 2.9 points to 77.0%. Domestic passenger traffic in Brazil decreased 1.7%, as capacity decreased 7.1%. As a consequence, the domestic Brazil passenger load factor increased 4.3 points to 78.7%. International passenger traffic increased 1.8%, while capacity increased 0.7%. Accordingly, the international passenger load factor for the month increased 0.9 points to 83.6%. International traffic includes international operations of both LAN and TAM on regional and long haul routes. Cargo traffic decreased 1.2% as capacity decreased 1.1%. As a consequence, the cargo load factor decreased remained flat at 56.8%. The decline in cargo traffic was driven by weaker imports into Latin America.
Posted on: Thu, 12 Sep 2013 17:50:18 +0000
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