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 weakened global economic environment and despite the impact of the H1N1 flu on regional markets, LAN continued to report strong growth in passenger operations." It noted that the quarterly results ...

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