LAN Airlines S.A. and its subsidiaries have
reported a decrease in system passenger traffic for March 2010 of
8.2% as capacity declined 4.1%. As a result, the company’s load
factor decreased 3.2 points to 72.9%. International passenger
traffic accounted for approximately 70% of total passenger
March 2010 traffic was affected by flight
cancellations due to the shutdown of the Santiago International
Airport as a result of the earthquake that affected Chile on
27 February 2010.
Domestic passenger traffic in Chile, Argentina,
Peru and Ecuador fell 2.9% as capacity decreased 5.3%. As a
consequence, the domestic load factor for the month increased 1.8
points to 71.8%.
International passenger traffic for March
declined 10.2% as capacity decreased 3.6%. Accordingly, the
international passenger load factor for the month fell 5.5 points
to 73.4%. International capacity was mainly affected by flight
cancellations on long haul routes from Chile to North America, as
well as on regional routes due to the earthquake that affected
Chile in February.
During the month of March, cargo traffic
increased 30.2%. This increase was mainly due to the continued
recovery of imports to Latin America driven by Brazil, as well as
increased operations to Europe with the Boeing 777-200 freighter
fleet. In-line with higher demand, capacity rose 23.3%. As a
result, the cargo load factor increased 3.8 points to 71.1%.
During March, 87.9% of the company’s total
flights left on time based on a fifteen-minute standard (all
departures leaving within fifteen minutes of the scheduled
departure time are considered as “on-time”). This represented a
decrease of 5 points compared to March 2009.
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