LATAM Airlines Group reports preliminary monthly statistics for April 2014

LATAM Airlines Group S.A. and its subsidiaries reported its preliminary monthly traffic statistics for April 2014 compared to April 2013. According to a company's statement, 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 (Chile, Argentina, Peru, Ecuador and Colombia) 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.