LAN Airlines (LFL) Reports 4.7 Point Load Factor Increase for March
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LAN Airlines S.A. and its subsidiaries, (NYSE: LFL), has reported its preliminary monthly traffic statistics and punctuality indicators for March 2012 compared to March 2011.
System passenger traffic increased 14.7% as capacity rose 8.2%. As a result, the Company’s load factor for the month increased 4.7 points to 82.4%. International passenger traffic accounted for approximately 68.5% of the month’s total passenger traffic.
Domestic passenger traffic in Chile, Argentina, Peru, Ecuador and Colombia rose 17.2%, as capacity increased 12.5%. As a consequence, the domestic passenger load factor increased 3.1 points to 77.0%. International passenger traffic rose 13.7%, while capacity increased 6.1%. Accordingly, the international passenger load factor for the month increased 5.6 points to 85.1%. International capacity expansion was mainly driven by an increase in operations on certain regional routes, as well as routes to Mexico and the Caribbean, partially offset by reduced capacity on routes to Europe.
Cargo traffic rose 2.7% as capacity increased 0.8%. As a consequence, the cargo load factor increased 1.3 points to 71.3%. The low increase in cargo capacity is a result of no additional freighters being incorporated since January 2011 in addition to decreased availability in the bellies of passenger aircraft. The increase in traffic is driven by anticipated demand on certain seasonal products.
System passenger traffic increased 14.7% as capacity rose 8.2%. As a result, the Company’s load factor for the month increased 4.7 points to 82.4%. International passenger traffic accounted for approximately 68.5% of the month’s total passenger traffic.
Domestic passenger traffic in Chile, Argentina, Peru, Ecuador and Colombia rose 17.2%, as capacity increased 12.5%. As a consequence, the domestic passenger load factor increased 3.1 points to 77.0%. International passenger traffic rose 13.7%, while capacity increased 6.1%. Accordingly, the international passenger load factor for the month increased 5.6 points to 85.1%. International capacity expansion was mainly driven by an increase in operations on certain regional routes, as well as routes to Mexico and the Caribbean, partially offset by reduced capacity on routes to Europe.
Cargo traffic rose 2.7% as capacity increased 0.8%. As a consequence, the cargo load factor increased 1.3 points to 71.3%. The low increase in cargo capacity is a result of no additional freighters being incorporated since January 2011 in addition to decreased availability in the bellies of passenger aircraft. The increase in traffic is driven by anticipated demand on certain seasonal products.
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