Santiago, Chile, January 13, 2014- LATAM Airlines Group S.A. and its subsidiaries, ("LATAM Airlines Group" or "the Company") (NYSE: LFL / IPSA: LAN / Bovespa: LATM33), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for December 2013 compared to December 2012.
System passenger traffic decreased 1.8% as capacity decreased 6.3%. As a result, the Company`s load factor for the month increased 3.7 points to 81.9%. 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 7.9%, as capacity increased 4.4%. As a consequence, the domestic passenger load factor increased 2.6 points to 80.7%.
Domestic passenger traffic in Brazil decreased 6.4%, as capacity decreased 5.8%. As a consequence, the domestic Brazil passenger load factor decreased 0.5 points, but remained strong at 81.4%.
International passenger traffic decreased 1.4%, while capacity decreased 9.7%. Accordingly, the international passenger load factor for the month increased 6.9 points to 82.6%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.
Cargo traffic for LATAM decreased 6.7% as capacity decreased 7.9%. As a consequence, the cargo load factor increased 0.8 points to 62.1%. The decrease in cargo capacity is a result of a reduced freighter operation in addition to decreased availability in the bellies of passenger aircraft. The decrease in cargo traffic was driven by continued weakness in imports into Latin America.Read complete report
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Source: LATAM Airlines Group via GlobeNewswire
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