Santiago, Chile, July 8, 2013 - LATAM Airlines Group S.A. and its subsidiaries, ("LATAM Airlines Group" or "the Company") (NYSE: LFL / IPSA: LAN / Bovespa: LATM11), the leading airline group in Latin America, today reported preliminary monthly traffic statistics for June 2013 compared to June 2012.
System passenger traffic increased 2.4% as capacity declined 0.1%. As a result, the Company's load factor for the month increased 1.9 points to 79.7%. International passenger traffic accounted for approximately 52% of the month's total passenger traffic.
Domestic passenger traffic in LATAM Airlines Group's Spanish speaking operations (Chile, Argentina, Peru, Ecuador and Colombia) rose 13.8%, as capacity increased 16.3%. As a consequence, the domestic passenger load factor decreased 1.6 points to 74.5%.
Domestic passenger traffic in Brazil decreased 0.4%, as capacity decreased 10.7%. As a consequence, the domestic Brazil passenger load factor increased 8.3 points to 80.4%.
International passenger traffic increased 1.6%, while capacity increased 3.8%. Accordingly, the international passenger load factor for the month decreased 1.8 points to 80.8%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.
Cargo traffic decreased 1.8% as capacity increased 0.9%. As a consequence, the cargo load factor decreased 1.6 points to 56.5%. The growth in cargo capacity is a result of an increased availability in the belly of passenger aircraft partially offset by reduced freighter operation. The decline in cargo traffic was driven by weaker imports into Latin America.
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: LATAM Airlines Group via Thomson Reuters ONE
HUG#1715029