LAN Airlines S.A. (LFL) Reports Increase in June 2011 Traffic

July 8, 2011 5:13 PM EDT
LAN Airlines S.A. and its subsidiaries, (NYSE: LFL) reported its preliminary monthly traffic statistics for June 2011.

During June, system passenger traffic increased 12.1% as capacity rose 3.4%. As a result, the Company’s load factor for the month increased 6.1 points to 78.1%. International passenger traffic accounted for approximately 71% of total passenger traffic. Starting in January 2011, these figures include AIRES’ domestic and international operations.

Domestic passenger traffic in Chile, Argentina, Peru, Ecuador and Colombia rose 13.0% as capacity increased 8.5%. As a consequence, the domestic passenger load factor in June increased 2.9 points to 74.5%. International passenger traffic grew 11.8%, while capacity increased 1.3%. Accordingly, the international passenger load factor for the month increased 7.5 points to 79.7%.

During June, cargo traffic rose 6.5% as capacity increased 6.8%. As a consequence, the cargo load factor decreased 0.2 points to 68.8%.


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

You May Also Be Interested In





Related Categories

Corporate News, Retail Sales