"LAN Airlines S.A. and its related companies, ("LAN" or "the Company") (NYSE: LFL / IPSA: LAN), one of the leading airline groups in Latin America, reported its preliminary monthly and accumulated traffic statistics and punctuality indicators for July 2006.
System passenger traffic for July increased 4.7% as capacity rose 6.9%. As a result, the Company's load factor decreased 1.6 points to 77.5%. International passenger traffic accounted for approximately 88% of total passenger traffic.
International passenger traffic for July rose 5.8% as capacity increased 8.2%. Accordingly, the international passenger load factor for the month decreased 1.8 points to 79.1%. Long-haul capacity grew due to an increase in operations to the South Pacific and Europe, which was partially offset by a reduction in operations to the United States and the Caribbean. Short-haul capacity grew mainly as a result of an expansion in regional operations and in the Argentine domestic market... "