LAN Airlines (LFL) Reports Increase in May Traffic

June 10, 2008 1:31 PM EDT

LAN Airlines S.A. and its related companies (NYSE: LFL) reported its preliminary monthly traffic statistics and punctuality indicators for May 2008.

System passenger traffic for May increased 13.5% as capacity rose 8.9%. As a result, the Company's load factor increased 2.9 points to 71.6%. International passenger traffic accounted for approximately 87% of total passenger traffic.

International passenger traffic for May rose 12.3% as capacity increased 8.0%. Accordingly, the international passenger load factor for the month increased 2.7 points to 71.7%. Long-haul capacity grew due to an increase in operations to the United States, Europe, the South Pacific and the Caribbean. Short-haul capacity grew mainly as a result of an expansion in the Argentine and Peruvian domestic markets.

Domestic passenger traffic in Chile rose 22.3% as capacity increased 15.2%. As a consequence, the domestic load factor for the month increased 4.1 points to 71.1%. Growth in domestic traffic was stimulated by the Company's new business model for short haul operations.

Cargo traffic increased 12.5% as capacity rose 16.2%. As a consequence, the cargo load factor decreased 2.4 points to 71.6%, affected mainly by higher capacity on regional routes.

Lan Airlines S.A. (Lan Airlines) is a passenger airlines company in Latin America and the main cargo operator in the region.[SM]

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