LAN posted a profit of $16.5 million in the second quarter after a one-time charge of $6.4 million related to severance payments, reduced 38% from $26.6 million in the second quarter of 2005. However, the airline group's operating performance was sound for a period that traditionally is the weakest in South America. Operating revenues climbed 21% to $690 million, driven by a 23.1% rise in passenger revenues. Expenses grew 19.8%--LAN did not provide a figure--and operating income surged 60.8% ...

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