LAN Airlines reported second-quarter net income of $4.2 million, down 93% from a $60.5 million profit in the year-ago period, but touted its continued growth even in a recession as traffic rose 13.5%. Quarterly results included a $52.6 million fuel hedging loss. The Santiago de Chile-based company said it is "important to note that amidst the weakened global economic environment and despite the seasonally weak months, LAN continued to show significant growth in its passenger operations, ...

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