LAN profit falls 47.3% on declining yield

LAN Airlines reported third-quarter net income of $52.1 million, down 47.3% from an $83 million profit in the year-ago period, as both passenger and cargo yield declined owing to the recession and the swine flu scare. The Santiago de Chile-based carrier pointed out in a statement that "amidst the...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.