logo
Share SHARE
FONT-SIZE Plus   Neg

LAN Airlines March System Passenger Traffic Up 14.7% - Quick Facts

LAN Airlines S.A. (LFL) and its subsidiaries reported its preliminary monthly traffic for March 2012 compared to March 2011.

System passenger traffic increased 14.7% as capacity rose 8.2%. As a result, the Company's load factor for the month increased 4.7 points to 82.4%. International passenger traffic accounted for approximately 68.5% of the month's total passenger traffic.

Domestic passenger traffic in Chile, Argentina, Peru, Ecuador and Colombia rose 17.2%, as capacity increased 12.5%.The domestic passenger load factor increased 3.1 points to 77.0%. International passenger traffic rose 13.7%, while capacity increased 6.1%. International passenger load factor for the month increased 5.6 points to 85.1%.

The company stated that the International capacity expansion was mainly driven by an increase in operations on certain regional routes, as well as routes to Mexico and the Caribbean, partially offset by reduced capacity on routes to Europe.

Cargo traffic rose 2.7% as capacity increased 0.8%. As a consequence, the cargo load factor increased 1.3 points to 71.3%. The low increase in cargo capacity is a result of no additional freighters being incorporated since January 2011 in addition to decreased availability in the bellies of passenger aircraft. The increase in traffic is driven by anticipated demand on certain seasonal products.

During March, 86.6% of the Company's total flights left on time based on a fifteen-minute standard. This represented an increase of 3.3 points compared to March 2011.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Senator Lisa Murkowski, R-Alaska, has expressed support for repealing Obamacare's individual mandate, a key provision Senate Republicans are hoping to use to offset the cost of their tax reform bill. The Congressional Budget Office estimates repealing the requirement that nearly all Americans purchase... Automotive startup Divergent 3D said that a Chinese-led investment syndicate has agreed to commit up to $107 million in financing through a new investment round. Hong Kong-based investment holding company, O Luxe Holdings Limited, led the investment group, which includes Horizons Ventures, Shanghai Alliance Investment Limited and Altran Technologies. Apple Inc. has recently acquired Canada-based startup Vrvana, maker of the Totem augmented reality headset, TechCrunch reported. Both the companies reportedly declined to confirm news about the deal, which is reportedly worth $30 million.
comments powered by Disqus
Follow RTT