LAN Airlines (LFL) Reports February Traffic

March 10, 2008 5:23 PM EDT
LAN Airlines S.A. and its related companies, (NYSE: LFL) reported its preliminary monthly traffic statistics and punctuality indicators for February 2008.

System passenger traffic for February increased 15.8% as capacity rose 15.1%. As a result, the Company’s load factor increased 0.5 points to 81.0%. International passenger traffic accounted for approximately 85% of total passenger traffic.

International passenger traffic for February rose 13.3% as capacity increased 14.8%. Accordingly, the international passenger load factor for the month decreased 1.1 points to 81.1%. 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 regional operations, as well as expansions in the Argentine and Peruvian domestic markets.

Domestic passenger traffic in Chile rose 32.6% as capacity increased 17.3%. As a consequence, the domestic load factor for the month increased 9.3 points to 80.2%.

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