"The international airlines' trade group said Friday (Jan. 04, 2008) that passenger traffic, as measured by revenue-per-kilometer flown, increased 9.3 percent in November, compared with the same month last year. Through the first 11 months of 2007, passenger traffic rose 7.5 percent compared with last year.
International air-freight demand also grew in November 2007..."
The outlook is stronger than local airlines. Latin America is in a Summer season right now with a huge passenger demand. LAN is the strongest in the region.