LAN Airlines (IFL) is one of the leading airlines in Latin America with a dominant position in Chile and Peru plus operations in Argentina and Ecuador. They reported a huge 11.9% increase in system traffic for September.
- System passenger traffic for September increased 11.9% as capacity rose 9.3%. As a result, the Company's load factor increased 1.8 points to 78.8%. International passenger traffic accounted for approximately 71% of total passenger traffic.
- Domestic passenger traffic in Chile, Argentina, Peru and Ecuador rose 17.5% as capacity increased 15.0%. As a consequence, the domestic load factor for the month increased 1.6 points to 77.0%.
- International passenger traffic for September rose 9.8% as capacity increased 7.1%. Accordingly, the international passenger load factor for the month increased 1.9 points to 79.6%. International capacity was mainly driven by an increase in operations on routes to Europe and the South Pacific, partially offset by a decrease on certain regional routes.
Both Dubai and Abu Dhabi show strong growth as well. Dubai has shown more then 10% Year over Year growth the last 3 months. They also forecast a greater then 13% growth in 2010. Abu Dhabi is showing much slower growth, but still decent growth non the less.
- Dubai International Airport saw passenger traffic climb 10.7 percent in August, while cargo volumes edged up 2.9 percent, its operator Dubai Airports Co said on Monday.
- Traffic was slightly down on the 12.6 percent growth witnessed in July, but up from the 10.3 percent growth seen in June.
- Dubai airport has projected passenger traffic growth of 8 percent this year to 40.5 million, with growth rising to 13.6 percent in 2010.
- Abu Dhabi International Airport saw passenger traffic climb just 2.5 percent in August, a significant decline on the 10.3 percent growth recorded in July, its operator Abu Dhabi Airports Co (ADAC) said on Sunday.
Disclosure: Long AER, GLS, and BA