1-Feb-2012 12:19 PM
LAN Airlines profits down in 4Q2011 and 2011
LAN Airlines revenue up 18% - preliminary financial highlights:
- Three months ended 31-Dec-2011:
- Total revenue: USD1535 million, +17.9% year-on-year;
- Operating profit (loss): USD169.5 million, -19.6%;
- LAN Colombia: (USD21 million);
- Net profit: USD112.5 million, -31.6%;
- 12 months ended 31-Dec-2011:
- Operating profit: USD539.7 million, -13.4%;
- Net profit: USD320.2 million, -23.7%. [more - original PR]