LAN Airlines (LFL) Reports Increase in December '11 Traffic

January 9, 2012 4:44 PM EST
LAN Airlines S.A. and its subsidiaries (NYSE: LFL) reported its preliminary monthly traffic statistics and punctuality indicators for December 2011 compared to December 2010.

System passenger traffic increased 13.6% as capacity rose 15.1%. As a result, the Company’s load factor for the month decreased 1.0 point to 79.1%. International passenger traffic accounted for approximately 65.9% of the month’s total passenger traffic. As of January 2011, these figures include LAN Colombia’s domestic and international operations.

Domestic passenger traffic in Chile, Argentina, Peru, Ecuador and Colombia rose 31.5%, in line with capacity growth. As a consequence, the domestic passenger load factor remained stable at 78.8%. International passenger traffic rose 6.2%, while capacity increased 8.1%. Accordingly, the international passenger load factor for the month decreased 1.4 points to 79.2%

Cargo traffic rose 6.2% as capacity increased 6.4%. As a consequence, the cargo load factor decreased 0.2 points to 71.9%.


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

You May Also Be Interested In





Related Categories

Corporate News, Retail Sales