Lan accelerates 767 winglet installations and cargo expansion
Lan has slightly reduced passenger capacity growth plans for the remainder of this year in order to accelerate the installation of winglets on its Boeing 767 fleet.
The Chilean carrier, meanwhile, has revised upwards growth plans for its cargo division citing strong demand.
Lan chief financial officer Alejandra de la Fuente told analysts last week that passenger capacity for all of 2008 is now expected to be up 14% to 16%, compared to previous plans of a 16% to 18% increase. Cargo capacity is expected to be up 10% to 12% for 2008, compared to previous plans for an 8% to 10% increase.
De la Fuente says the slower passenger growth is being achieved by delaying plans to increase frequency on several long-haul routes. He sa
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