LAN Airlines reported third-quarter net income of $80.4 million, up 2% from $78.8 million in the year-ago period, and said it is optimistic about 2009 despite economic uncertainty. The Santiago de Chile-based carrier plans to raise passenger capacity 10% and cargo capacity 8% next year. "We continue to see opportunities for expansion in the region," CFO Alejandro de la Fuente told analysts yesterday. "We believe that our financial strength and diverse business strategy will give us the ...

Subscribe to Access this Entire Article

"LAN posts slight profit increase, plans continued growth" 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.