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LAN expects ASK growth of 12% to 14% in 2012. To invest USD1.8bn on new aircraft in 2012

6-Feb-2012 2:09 PM

LAN plans to invest USD1.8 billion on acquiring 23 new aircraft in 2012. This is a doubling of expenditure from 2011's amount of USD841 million. The carrier also stated it expects passenger capacity (ASK) growth of between 12% and 14% in 2012, which will be largely driven by the net delivery of 13 passenger aircraft. LAN Cargo expects cargo ATK growth between 7% and 9% in 2012, due to the scheduled delivery of two Boeing 777Fs during 2H2012. [more – original PR] [more – original PR]