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Lan Peru

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Lan Peru

IATA Code
LP
ICAO Code
LPE
Corporate Address
Lan PerĂș S.A.
Avenida José Pardo 513 6to Piso
Lima 18
Peru
Website
http://www.lan.com
Main hub
Lima J Chavez International Airport
Country
Peru
Business model
Full Service Carrier
Joined Global Alliance
2000
Association Membership
ALTA
IATA
Codeshare Partners
Lan Airlines

LAN Perú is the national carrier of Peru and is based at Lima's Jorge Chávez International Airport. LAN Peru is 49% owned by LAN Airlines and a part of the LAN group of airlines, which also includes LAN Cargo, LAN Express, LAN Ecuador and LAN Argentina. LAN Perú is the dominant operator with more than 70% of Peruvian market share. The airline operates a regional network of services to destinations in Peru and South America, and intercontinental services to North America and Spain.

Location of Lan Peru main hub (Lima J Chavez International Airport)


 
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55 total articles

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6,348 total articles

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LAN blames fuel prices, ash cloud and Aires for unusually small profit

27-Jul-11 5:01 PM

LAN turned a net profit of only USD16 million in 2Q2011, a 74% decrease compared with the USD61 million profit from 2Q2010 and the airline group’s lowest profit for any quarter since 2Q2009. LAN, which over the past several years has had one of highest airline profit margins in the world, also recorded its lowest operating profit margin in five years. The Chile-based airline group said its 2Q2011 results were impacted by higher fuel prices, operational disruptions caused by volcanic ash and losses at new Colombian subsidiary Aires.

More growth for Peru as TACA expands domestically

15-Apr-11 10:18 AM

Peru’s vibrant market continues to record rapid traffic growth as TACA intensifies competition against market leader LAN and two local carriers. The Peruvian domestic market grew by 23% in Feb-2011 and 22% in Jan-2011, according to statistics from the Peruvian DGAC based on total passengers carried. This follows 28% growth in 2010 to 5.5 million passengers.

Airline IPO activity increases as market conditions improve but oil threatens

10-Mar-11 10:45 AM

There are more than 30 airlines around the world publicly talking of conducting an IPO to help diversify funding sources, coinciding with improved demand and economic conditions. Aircraft deliveries are also accelerating, with more than 1400 aircraft scheduled for delivery this year alone, prompting the need for additional financing. However, concerns over rising fuel costs in recent weeks have had affected oil prices and, hence, the attractiveness of airlines.

Global alliances vie for blue chips in Latin America

1-Feb-11 4:29 PM

In a move that is doubtless designed to blunt the dominance of oneworld in South America, current and future Star Alliance members have announced their intent to embark on a codesharing initiative that will strengthen the alliance in the region.

More than 30 airlines consider IPOs as market improves

14-Oct-10 4:42 PM

There are more than 30 airlines around the world that have publicly talked about tapping equity markets to help diversify funding sources, coinciding with an improved economic environment. Aircraft deliveries are also accelerating, with more than 1,300 aircraft scheduled for delivery this year alone, prompting the need for additional financing.

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