LAN reported third-quarter net income of $78.8 million, up 52.9% over a net profit of $51.5 million in the year-ago quarter, on a 15.2% increase in revenue to $878 million. "This result reflects significant margin improvements resulting mainly from capacity expansion and strong traffic growth as well as effective control of operating costs," the company said. Expenses rose 12.2% to $775.9 million and operating income lifted 44.6% to $102 million. Traffic increased 22.8% to 6.23 billion RPKs ...

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?

Already registered? here.