LAN Airlines reports slight increase in load factor for January 2012

Latin American carrier LAN Airlines SA (NYSE: LFL) (IPSA: LAN) and its subsidiaries on Thursday reported its preliminary monthly traffic statistics and punctuality indicators for January 2012.

System passenger traffic rose by 10.4%, while capacity increased 10.3% in comparison to January 2011, which resulted in a 0.1 percentage point increase to January 2012 load factor of 82.8%.

The airline’s cargo traffic results showed a rise of 2.1% in January 2012 and capacity rose 3.6%. This resulted in a cargo load factor of 65.4%, a decrease of 1.0 percentage points when compared to the same period last year.

LAN added that 73.8% of its total flights left on time during January 2012, based on a fifteen-minute standard where all departures leaving within fifteen minutes of the scheduled departure time are considered as “on-time”. When compared to January 2011, this was a decrease of 5.7 percentage points.