{"id":3275,"date":"2011-01-28T12:47:00","date_gmt":"2011-01-28T12:47:00","guid":{"rendered":"http:\/\/www.onetravel.com\/travel-trends\/lan-airlines-reports-50-percent-increase-in-4q-profits\/"},"modified":"2021-08-12T08:32:14","modified_gmt":"2021-08-12T12:32:14","slug":"lan-airlines-reports-50-percent-increase-in-4q-profits","status":"publish","type":"post","link":"https:\/\/www.onetravel.com\/going-places\/lan-airlines-reports-50-percent-increase-in-4q-profits\/","title":{"rendered":"LAN Airlines Reports 50 Percent Increase in 4Q Profits"},"content":{"rendered":"<p>Chile\u2019s <a href=\"https:\/\/www.onetravel.com\/airlines\/lan-airlines-la\">LAN Airlines<\/a> reported a 50 percent gain in fourth-quarter profits to $165 million.<\/p>\n<p>&nbsp;<\/p>\n<p>The robust quarter came as a result of increased passenger and cargo traffic.<\/p>\n<p>&nbsp;<\/p>\n<p>The airline overcame some obstacles in the quarter, including a labor dispute in Argentina which briefly shut down the Buenos Aires airport.<\/p>\n<p>&nbsp;<\/p>\n<p>While traffic declined in Argentina, it increased almost everywhere else, closing up 17 percent overall for the quarter.<\/p>\n<p>&nbsp;<\/p>\n<p>Earnings for the carrier increased by nearly 82 percent on the year. That marks an impressive recovery for the airline which struggled slightly in 2009.<\/p>\n<p>&nbsp;<\/p>\n<p>A merger with Brazil\u2019s TAM Airlines is on the horizon for 2011, pending approval from shareholders and government regulators.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Source: <a href=\"http:\/\/www.bloomberg.com\/news\/2011-01-26\/chile-s-lan-airlines-4q-profits-up-50-percent.html\" target=\"_blank\" rel=\"nofollow noopener\"> Bloomberg <\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chile\u2019s LAN Airlines reported a 50 percent gain in fourth-quarter profits to $165 million. &nbsp; The robust quarter came as a result of increased passenger and cargo traffic. &nbsp; The airline overcame some obstacles in the quarter, including a labor dispute in Argentina which briefly shut down the Buenos Aires airport. &nbsp; While traffic declined [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[],"class_list":["post-3275","post","type-post","status-publish","format-standard","hentry","category-featured"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/posts\/3275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/comments?post=3275"}],"version-history":[{"count":1,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/posts\/3275\/revisions"}],"predecessor-version":[{"id":98908377,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/posts\/3275\/revisions\/98908377"}],"wp:attachment":[{"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/media?parent=3275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/categories?post=3275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.onetravel.com\/going-places\/wp-json\/wp\/v2\/tags?post=3275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}