SANTIAGO, Chile—(BUSINESS WIRE)—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 August 2011.
During August, system passenger traffic increased 14.1% as capacity rose 12.7%. As a result, the Company’s load factor for the month increased 0.9 points to 78.7%. International passenger traffic accounted for approximately 67.9% of total passenger traffic. Starting in January 2011, these figures include AIRES’ domestic and international operations.
Domestic passenger traffic in Chile, Argentina, Peru, Ecuador and Colombia rose 21.8% as capacity increased 19.8%. As a consequence, the domestic passenger load factor in August increased 1.3 points to 78.1%. International passenger traffic grew 10.7%, while capacity increased 9.6%. Accordingly, the international passenger load factor for the month increased 0.8 points to 79.0%.
During August, cargo traffic rose 9.9% as capacity increased 11.0%. As a consequence, the cargo load factor decreased 0.7 points to 67.8%. Traffic and capacity grew due to the arrival of three new Boeing 767F freighters between November 2010 and January 2011. These aircraft have been assigned to boost growth in the Latin American, United States West Coast and Mexican markets.
During August, 86.2% 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 an increase of 0.6 points compared to August 2010.