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LAN Airlines reports decreased net income for third quarter 2011

LAN reported net income of $94.5 million in third quarter 2011, a decrease of 11.0% compared to the $106.2 million reported in third quarter 2010. Total revenues in third quarter 2011 reached $1,486.5 million compared to $1,152.3 million in third quarter 2010, operating income reached $161.2 million in third quarter 2011, a 2.9% increase compared to $156.6 million in third quarter 2010. Operating margin reached 10.8% compared to 13.6% in third quarter 2010.

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