LATAM Airlines Group reports preliminary monthly statistics for October 2015

Written by thomas · Filed Under Aeronautics News 

November 11, 2015


Santiago, Chile, November 10, 2015– LATAM Airlines Group S.A. and its subsidiaries, (“LATAM Airlines Group” or “the Company”) (NYSE: LFL / IPSA: LAN / Bovespa: LATM33), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for October 2015 compared to October 2014.

System passenger traffic increased by 2.9% while capacity increased by 3.5%. As a result, the Company’s load factor for the month decreased 0.5 points to 84.4%. International passenger traffic accounted for approximately 54% 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 5.7%, while capacity increased by 6.2%. As a consequence, the domestic passenger load factor decreased 0.4 points to 80.9%

Domestic passenger traffic in Brazil decreased 9.9%, while capacity decreased by 8.6%. As a consequence, the domestic Brazil passenger load factor decreased by 1.2 points to 82.1%.

International passenger traffic increased by 10.5%, while capacity increased by 10.9%. Accordingly, the international passenger load factor for the month decreased 0.3 points to 86.8%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic continues to be weak during the month of October, especially in Brazil domestic and international markets. As a result, cargo traffic for LATAM Airlines Group decreased 15.1% in October, and the cargo load factor decreased 7.9 points to 54.9%. We continue to adjust cargo capacity through a reduced freighter operation, which resulted in a decline of 2.9% of cargo ATKs in October.

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