LATAM Airlines group reports preliminary monthly statistics for december 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 preliminary monthly traffic statistics for December 2012 compared to December 2011.System passenger traffic increased 10.0% as capacity rose 7.4%. As a result, the Company’s load factor for the month increased 1.8 points to 78.2%. International passenger traffic accounted for approximately 50% 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 10.6%, as capacity increased 11.6%. As a consequence, the domestic passenger load factor decreased 0.7 points to 78.1%.Domestic passenger traffic in Brazil rose 10.5%, as capacity decreased 3.7%. As a consequence, the domestic Brazil passenger load factor increased 10.5 points to 81.9%. International passenger traffic rose 9.6%, while capacity increased 15.0%. Accordingly, the international passenger load factor for the month decreased 3.7 points to 75.7%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.Cargo traffic for LATAM Airlines Group increased 3.1% as capacity increased 5.5%. As a consequence, the cargo load factor decreased 1.4 points to 61.3%. The increase in traffic was driven by a stronger seasonal demand as compared to December 2011, which was partially offset by weaker imports into Latin America.
About LATAM Airlines Group S.A.LATAM Airlines Group S.A. is the new name given to LAN Airlines S.A. as a result of its association with TAM S.A. LATAM Airlines Group S.A. now includes LAN Airlines and its affiliates in Peru, Argentina, Colombia and Ecuador, and LAN Cargo and its affiliates, as well as TAM S.A. and its subsidiaries TAM Linhas Aereas S.A., including its business units TAM Transportes Aereos del Mercosur S.A., TAM Airlines (Paraguay) and Multiplus S.A. This association creates one of the largest airline groups in the world in terms of network connections, providing passenger transport services to about 150 destinations in 22 countries and cargo services to about 169 destinations in 27 countries, with a fleet of 320 aircraft. In total, LATAM Airlines Group S.A. has more than 52,000 employees and its shares are traded in Santiago, as well as on the New York Stock Exchange, in the form of ADRs, and Sao Paulo Stock Exchange, in the form of BDRs. Each airline will continue to operate under their current brands and identities. For any inquiry of LAN or TAM, please visit www.lan.com or www.tam.com.br, respectively. Further information at www.latamairlinesgroup.net
Notes(1) Domestic SSC = Domestic passenger operations in Spanish speaking countries carried by LAN. Passenger statistics include domestic operations in Chile, Peru, Argentina, Ecuador and Colombia.(2) Domestic Brazil = Domestic passenger operations of TAM in Brazil.(3) International = International passenger operations of LAN and TAM. Historical figures for 2011 and 2012 have been restated to include both LAN and TAM operations.