LAN Airlines Receives New Airbus A318

LAN Airlines S.A. and its related companies, (“LAN” or “the Company”) (NYSE: LFL / IPSA: LAN), one of the leading airline groups in Latin America, recently held the reception ceremony for the second Airbus A318 aircraft to be incorporated into the Company’s fleet. This plane features the most advanced technology and will operate on the Company’s Chilean domestic routes. Between 2007 and 2008, LAN expects to receive a total of 20 new Airbus A318 aircraft.

These planes, together with other Airbus A319 and A320 aircraft will replace the Company’s Boeing 737-200 fleet, providing the highest standards in terms of comfort and service. Additionally, the Airbus A318 aircraft are quieter, thus operating with reduced cabin noise and vibrations. They are also equipped with leather seats and state-of-the-art on-board entertainment, including video screens within the cabin that will allow special programming for each flight.

In line with LAN’s concern with protecting the environment, these aircraft comply with environmental protection norms, such as EMS (Environmental Management System), based on ISO 14001.

During the inauguration ceremony at the Company’s maintenance base in Santiago, Enrique Cueto, LAN’s Chief Executive Officer stated, “We are very proud to incorporate this new Airbus A318 aircraft into LAN’s fleet. We believe that it will allow LAN to provide the best product with the highest standards in terms of safety and service for LAN’s domestic passengers. In this way, we are confirming LAN’s commitment to operate one of the most modern fleets in the world”.

Between 2007 and 2011, LAN expects to invest approximately US$ 2.6 billion in the renewal and growth of the Company’s fleet. This includes the incorporation of 52 new passenger and cargo aircraft, reaching 115 aircraft by 2011. Additionally, the Company will receive 32 new Boeing 787 Dreamliner long-haul aircraft between 2011 and 2016, with a total investment of US$ 3.5 billion.

About LAN

LAN Airlines is one of the leading airlines in Latin America. “LAN” makes reference to the consolidated entity that includes LAN Airlines, LAN Express, LAN Peru, LAN Ecuador, and LAN Argentina, as well as LAN Cargo and its affiliates. The LAN Alliance serves 15 destinations in Chile, 12 destinations in Peru, 10 destinations in Argentina, two destinations in Ecuador, 15 destinations in other Latin American countries and the Caribbean, three destinations in the United States, two destinations in Europe and four destinations in the South Pacific, as well as 52 additional international destinations through its various code-share agreements. Currently, the LAN Alliance operates 72 passenger aircraft and 10 dedicated freighters.

LAN Airlines is a member of oneworld (TM), the world’s leading global airline alliance. It has bilateral commercial agreements with oneworld partners American Airlines, British Airways, Iberia and Qantas, as well as with Alaska Airlines, AeroMexico, Mexicana, TAM and Korean Air. For more information visit www.lan.com or www.oneworldalliance.com.

Contacts

IN CHILE:
Gisela Escobar – Head of Investor Relations
gisela.escobar@lan.com
Juan José Irarrázaval – Investor Relations Analyst
juanjose.irarrazavalg@lan.com
56-2-565-3944/8775
or
IN NEW YORK:
Maria Barona/Melanie Carpenter
i-advize Corporate Communications, Inc.
212-406-3690
lan@i-advize.com

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