LATAM Airlines Group reports preliminary monthly statistics for October 2013

GlobeNewswire Europe

Santiago, Chile, November 12, 2013- 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 October 2013 compared to October 2012.

System passenger traffic increased 3.1% as capacity decreased 2.1%. As a result, the Company`s load factor for the month increased 4.3 points to 83.3%. 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 9.9%, as capacity increased 7.3%. As a consequence, the domestic passenger load factor increased 1.9 points to 79.7%.

Domestic passenger traffic in Brazil decreased 0.5%, as capacity decreased 5.7%. As a consequence, the domestic Brazil passenger load factor increased 4.2 points to 80.3%.

International passenger traffic rose 3.6%, while capacity decreased 2.4%. Accordingly, the international passenger load factor for the month increased 5.0 points to 86.4%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic for LATAM decreased 2.7% as capacity decreased 4.4%. As a consequence, the cargo load factor increased 1.1 points to 60.5%. The decrease in cargo capacity is a result of a reduced freighter operation. Cargo traffic decrease was driven by weaker imports into Latin America.

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Source: LATAM Airlines Group via Thomson Reuters ONE

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