LAN Airlines (LFL) Reports 17.2% Increase in February System Traffic

March 9, 2012 9:57 AM EST
LAN Airlines S.A. and its subsidiaries, (NYSE: LFL) reported its preliminary monthly traffic statistics and punctuality indicators for February 2012 compared to February 2011.

System passenger traffic increased 17.2% as capacity rose 15.6%. As a result, the Company’s load factor for the month increased 1.2 points to 83.4%. International passenger traffic accounted for approximately 65.5% of the month’s total passenger traffic.

Domestic passenger traffic in Chile, Argentina, Peru, Ecuador and Colombia rose 21.3%, as capacity increased 18.1%. As a consequence, the domestic passenger load factor increased 2.2 points to 82.1%. International passenger traffic rose 15.2%, while capacity increased 14.3%. Accordingly, the international passenger load factor for the month increased 0.6 points to 84.1%. International capacity expansion was mainly driven by an increase in operations on certain regional routes, as well as routes to the United States, Mexico and the Caribbean, partially offset by reduced capacity on routes to Europe.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News