LAN Airlines reports net income of $15.9 million for the second quarter

LAN Airlines (Chile) Airbus A340-313X CC-CQC (msn 363) (80 Years) SCL (Alvaro Romero), originally uploaded by Airliners Gallery.

LAN Airlines (Chile) (Santiago) reported net income of $15.9 million (US) in second quarter 2011, a decrease of 73.7% compared to the $60.6 million reported in second quarter 2010. Results this quarter were significantly impacted by one- time non-operating effects, as well as operational impacts including higher fuel prices, the presence of volcanic ash on certain routes and the start-up of LAN’s operations in Colombia.

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This entry was posted in LAN Airlines (Chile) and tagged LAN Airlines (Chile) on July 27, 2011 by Bruce Drum.

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