LATAM Airlines Group reports preliminary monthly statistics for January 2014


LATAM Airlines Group reports preliminary monthly statistics for January 2014

Santiago, Chile, February 10, 2014– 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 January 2014 compared to January 2013.

System passenger traffic decreased 1.4% as capacity decreased 3.5%. As a result, the Company’s load factor for the month increased 1.8 points to 83.5%. International passenger traffic accounted for approximately 50% 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 6.8%, as capacity increased 5.4%. As a consequence, the domestic passenger load factor increased 1.1 points to 82.1%.

Domestic passenger traffic in Brazil decreased 3.7%, as capacity decreased 3.1%. As a consequence, the domestic Brazil passenger load factor decreased 0.5 points, butremained strong at 83.9%.

International passenger traffic decreased 2.3%, while capacity decreased 6.4%. Accordingly, the international passenger load factor for the month increased 3.5 points to 83.7%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic for LATAM increased 0.9% as capacity decreased 4.8%. As a consequence, the cargo load factor increased 3.2 points to 55.7%. The decrease in cargo capacity is a result of a reduced freighter operation in addition to decreased availability in the bellies of passenger aircraft, reflecting the challenging global cargo environment.

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