LAN Airlines reports a 2Q net profit of $60.6 million

LAN Airlines (Chile) (Santiago) reported net income of $60.6 million (US) for the second quarter compared to $4.2 million in the same period in 2009.

As previously reported, In July 2010, LAN signed a memorandum of understanding (MOU) for the purchase of 50 Airbus A320 family aircraft to be delivered between 2012 and 2016. The new aircraft will operate regional and domestic flights within Latin America.

LAN also signed an agreement in July with Boeing to adjust the delivery of 2 Boeing 787-8 Dreamliner aircraft to 2012. This modification to LAN’s fleet plan will allow the company to receive a total of 5 Boeing 787-8 Dreamliner aircraft in 2012. This is in addition to the anticipated delivery of 10 Boeing 787-8 Dreamliner already announced in March 2010. As a result, LAN will be the first airline in the western hemisphere to take delivery of this new and modern aircraft.

Copyright Photo: Ton Jochems. This beautiful composure showcases LAN Cargo’s Boeing 777-F6N N772LA (msn 37708) taxiing at Amsterdam.