LATAM Airlines Group reports preliminary monthly statistics for November 2012

Santiago, Chile, December 7, 2012- LATAM Airlines Group S.A. and its subsidiaries, ("LATAM Airlines Group" or "the Company") (NYSE: LFL / IPSA: LAN / Bovespa: LATM11), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for November 2012 compared to November 2011.

System passenger traffic increased 10.1% as capacity rose 6.5%. As a result, the Company`s load factor for the month increased 2.5 points to 76.9%. International passenger traffic accounted for approximately 50% 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 10.7%, as capacity increased 14.9%. As a consequence, the domestic passenger load factor decreased 2.9 points to 76.6%.

Domestic passenger traffic in Brazil rose 14.7%, as capacity decreased 5.2%. As a consequence, the domestic Brazil passenger load factor increased 14.0 points to 80.7%.

International passenger traffic rose 6.9%, while capacity increased 13.4%. Accordingly, the international passenger load factor for the month decreased 4.5 points to 74.5%. International traffic includes international operations of both LAN and TAM on regional and long haul routes.

Cargo traffic for LATAM Airlines Group decreased 3.7% as capacity increased 3.1%. As a consequence, the cargo load factor decreased 4.3 points to 60.5%. The decrease in traffic continues to be driven by weaker imports into Latin America, especially Brazil.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: LATAM Airlines Group via Thomson Reuters ONE

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