OFFICIAL PRESS RELEASE

 

LAN will be one of the first airlines in the world to receive the Boeing 787 Dreamliner

 

Thursday, March 25, 2010

LAN Airlines S.A. and its subsidiaries, (“LAN” or “the Company”) (NYSE: LFL / IPSA: LAN), one of the leading airlines in Latin America, today announced that the Company signed an agreement with Boeing to adjust the delivery of ten Boeing 787-8 Dreamliners to be incorporated into the Company’s long haul fleet. This new delivery schedule anticipates by three years the arrival of this aircraft, previously scheduled for 2014 and now expected starting in the first semester of 2011.

In this way, LAN becomes the first airline in the western hemisphere to receive the Dreamliner, which is expected to revolutionize the airline industry, incorporating the most advanced technology. These ten aircraft are part of the original order for 32 Boeing 787s placed by LAN in 2007, 26 of which will be owned and 6 leased.

The Boeing 787-8 undertook its first test flight in December 2009 and is expected to begin commercial operations in 2010. It has the capacity to seat approximately 250 passengers, providing a unique in-flight experience due to innovative technological advances featured inside the aircraft cabin. In addition, this is the world's most efficient aircraft reducing the effects of global warming, so the 787 is considered as the new Green Aircraft.

Mr. Enrique Cueto, LAN’s Chief Executive Officer, stated, "The incorporation of the Boeing 787 ensures the Company’s sustainable growth while preserving the environment and incorporating state-of-the-art technology to deliver the best travel experience for LAN’s passengers. LAN looks forward to incorporating this new generation of aircraft in the first half of 2011".

“Partnering with LAN Airlines, one of the world’s great air carriers is an exciting way to introduce the 787 to the flying public. We look forward to seeing the Dreamliner fly with LAN’s livery. The 787 Dreamliner represents one of those rare generational advancements in powered flight that will provide superior operating economics, compelling environmental performance and unique passenger comforts. LAN and its passengers will be among the early beneficiaries of these enhancements," said Marlin Dailey, Vice President Sales Boeing Commercial Airplanes.”


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