LATAM Airlines Group reports preliminary monthly statistics for August 2014

Santiago, Chile, September 8, 2014– LATAM Airlines Group S.A. and its subsidiaries, (“LATAM Airlines Group” or “the Company”) (NYSE: LFL / IPSA: LAN / Bovespa: LATM33), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for August 2014 compared to August 2013.

System passenger traffic increased by 5.5% while capacity increased by 1.0%. As a result, the Company’s load factor for the month increased 3.6 points to 84.5%. 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 9.2%, while capacity increased by 1.6%. As a consequence, the domestic passenger load factor increased 5.8 points to 82.8%.

Domestic passenger traffic in Brazil increased by 2.9%, while capacity increased by 0.4%. As a consequence, the domestic Brazil passenger load factor increased 2.0 points to 80.7%.

International passenger traffic increased by 6.0%, while capacity increased by 1.2%. Accordingly, the international passenger load factor for the month increased 4.0 points to 87.6%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic for LATAM decreased 1.9% as capacity decreased 5.6%. As a consequence, the cargo load factor increased 2.2 points to 59.0%. The decrease in cargo capacity is a result of a reduced freighter operation in addition to decreased availability in the bellies of passenger aircraft. Cargo traffic decrease was driven by weaker imports into Latin America.