Total revenues of LAN Airlines have increased 20.8 per cent during the fourth quarter. Cargo revenues rose 16.5 per cent as capacity rose 7.4 per cent and unit cargo revenues increased 8.5 per cent.

Fourth quarter cargo revenues grew to US$302.6 million. Traffic growth was slightly exceeded by a 7.4 per cent capacity increase. As a consequence, load factors decreased 0.3 points to 69.0 per cent.

Consolidated Full Year 2006 results revenue grew to US$1.1 billion. Growth in cargo traffic outpaced a 7.0 per cent increase in capacity, resulting in a 0.5-point increase in cargo load factors to 66.8 per cent.

LAN says the cargo business continues to experience an imbalance caused by weak exports and strong imports into Latin America.

In response to these conditions, LAN has adjusted its aircraft rotations in order to support northbound flights with stop-overs in various export markets.

Additionally, the company is reducing its ACMI leases of dedicated freighters and increasing the usage of its own fleet of Boeing 767 freighters, leveraging the aircraft's low operating costs and their ability to adequately serve key destinations.