LATAM Airlines Group reports preliminary monthly statistics for August 2012
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 its preliminary monthly traffic statistics for August 2012 compared to August 2011.
System passenger traffic increased 9.1% as capacity rose 1.3%. As a result, the Company’s load factor for the month increased 5.6 points to 79.3%. 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 16.4%,as capacity increased 13.8%. As a consequence, the domestic passenger load factor increased 1.8 points to 79.9%.
Domestic passenger traffic in Brazil rose 12.6%, as capacity decreased 2.8%. As a consequence, the domestic Brazil passenger load factor increased 10.2 points to 74.4%.
International passenger traffic rose 5.2%, while capacity increased 1.4%. Accordingly, the international passenger load factor for the month increased 3.0 points to 82.7%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.
Cargo traffic for LAN decreased 1.2% as capacity decreased 1.9%. As a consequence, the cargo load factor increased 0.5 points to 68.3%. The decrease in traffic is driven by weaker imports into Latin America.