Chile's LAN Airlines posted 2010 net income of $419.7 million, up 81.6% over earnings of $231.1 million in the year-ago period, crediting the improvement to "strong recovery and growth in both the cargo and passenger businesses." The impressive results were recorded even with Chile suffering a massive earthquake in February 2010. LAN noted that fourth-quarter passenger revenue grew 17.3% year-over-year while cargo revenue jumped 31.2%. Fourth-quarter net income lifted 49.9% ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.