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.
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: LATAM Airlines Group via Thomson Reuters ONE