LAN Airlines (LFL) Reports April Traffic Results
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LAN Airlines S.A. and its subsidiaries, (NYSE: LFL) reported its preliminary monthly traffic statistics and punctuality indicators for April 2009.
System passenger traffic for April increased 19.9% as capacity rose 13.0%. As a result, the Company's load factor increased 4.4 points to 76.6%. International passenger traffic accounted for approximately 70% of total passenger traffic.
Domestic passenger traffic in Chile, Argentina, Peru and Ecuador rose 39.9% as capacity increased 30.7%. As a consequence, the domestic load factor for the month increased 4.8 points to 73.7%. The significant increase in domestic traffic is in line with the "low cost" model implemented in the Chilean and Peruvian domestic markets, which in April 2009 celebrated its second anniversary. Additionally, in April 2009 the Company initiated operations in the Ecuadorian domestic market.
International passenger traffic for April rose 13.1% as capacity increased 6.6%. Accordingly, the international passenger load factor for the month increased 4.5 points to 77.9%. International capacity was mainly driven by an increase in operations on certain regional routes, as well as routes to the South Pacific and Europe.
In line with the decrease in import and export markets worldwide, during the month of April cargo traffic decreased 25.4%. [SM]
System passenger traffic for April increased 19.9% as capacity rose 13.0%. As a result, the Company's load factor increased 4.4 points to 76.6%. International passenger traffic accounted for approximately 70% of total passenger traffic.
Domestic passenger traffic in Chile, Argentina, Peru and Ecuador rose 39.9% as capacity increased 30.7%. As a consequence, the domestic load factor for the month increased 4.8 points to 73.7%. The significant increase in domestic traffic is in line with the "low cost" model implemented in the Chilean and Peruvian domestic markets, which in April 2009 celebrated its second anniversary. Additionally, in April 2009 the Company initiated operations in the Ecuadorian domestic market.
International passenger traffic for April rose 13.1% as capacity increased 6.6%. Accordingly, the international passenger load factor for the month increased 4.5 points to 77.9%. International capacity was mainly driven by an increase in operations on certain regional routes, as well as routes to the South Pacific and Europe.
In line with the decrease in import and export markets worldwide, during the month of April cargo traffic decreased 25.4%. [SM]
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