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May 9, 2014
09:18 EDTLFLLATAM Airlines reports April system passenger traffic up 4.1%
System passenger traffic increased by 4.1% while capacity decreased by 2.2%. As a result, the company's load factor for the month increased 5.0 points to 82.4%. International passenger traffic accounted for approximately 52% of the month's total passenger traffic. Domestic passenger traffic in LATAM Airlines Group's Spanish speaking operations rose 4.3%, while capacity remained flat. As a consequence, the domestic passenger load factor increased 3.2 points to 77.8%. Domestic passenger traffic in Brazil increased by 8.3%, while capacity decreased by 1.3%. As a consequence, the domestic Brazil passenger load factor increased 7.2 points to 80.9%. International passenger traffic increased by 1.5%, while capacity decreased by 3.5%. Accordingly, the international passenger load factor for the month increased 4.2 points to 84.9%. International traffic includes international operations of both LAN and TAM on regional and long haul routes. Both cargo traffic and capacity for LATAM decreased by 11.5%. As a consequence, the cargo load factor remained flat at 61.1%. The decrease in cargo capacity and cargo traffic is a result of a reduced freighter operation driven by weaker seasonal products from Latin America.
News For LFL From The Last 14 Days
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July 21, 2014
10:02 EDTLFLOn The Fly: Analyst Downgrade Summary
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07:53 EDTLFLLATAM Airlines downgraded to Neutral from Buy at BofA/Merrill
July 18, 2014
17:11 EDTLFLLATAM lowers FY14 operating margin estimates to 4%-5% from 6%-8%
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