LAN Airlines 767. Photo: Courtesy, Boeing. LAN Airlines overcame a 32 % rise in fuel prices to post a net profit of $97.2 million in the first quarter ended March 31, up 10.1% compared to income of $88.3 million in the year-ago period. The airline noted that current period results were net of an $11 million loss at its Aires subsidiary in Colombia acquired last year (ATW Daily News, Nov. 30, 2010). Total revenues rose 31.9% to $1.36 billion, reflecting a 31% increase in passenger ...

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