LAN AIRLINES monthly statistics report for January 2011

Santiago, Chile, February 8, 2011

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 January 2011.

During January, system passenger traffic increased 13.3% as capacity rose 12.6%. As a result, the Company’s load factor for the month increased 0.5 points to 82.7%. International passenger traffic accounted for approximately 68% of total passenger traffic. Starting from January 2011, these figures include AIRES’ domestic and international operations.

Domestic passenger traffic in Chile, Argentina, Peru, Ecuador and Colombia rose 22.4% as capacity increased 22.3%. As a consequence, the domestic load factor for the month increased 0.1 points to 81.0%.

International passenger traffic grew 9.5%, while capacity increased 8.5%. Accordingly, the international passenger load factor for the month increased 0.8 points to 83.6%. During January, international capacity expansion was mainly driven by an increase in operations on certain regional routes, as well as routes to the United States.

During January, cargo traffic increased 12.6%. This increase was mainly due to the growth of the import markets to Latin America, driven by Brazil, and to the arrival of two new B767 freighters between November and December 2010. In addition, in June 2010 LAN Cargo launched domestic cargo operations in Brazil to Recife and Fortaleza through its affiliate ABSA. In-line with higher demand, capacity grew 13.9%. As a result, the cargo load factor decreased 0.7 point to 66.4%.

During January, 79.5% 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 6.9 points compared to January 2010.


LAN AIRLINES January 2011

Note: Domestic passenger statistics include domestic operations in Chile, Peru, Argentina, Ecuador and Colombia (starting from January 2011).