Air Transport World

LanChile.

LanChile earned $31.8 million in the quarter ended March 31, up 46% over the year-ago period despite a challenging operating environment. Current-period results include an after-tax gain of $13.1 million from the sale of 30% of its holding in Equant.

First-quarter operating revenues rose 9.6% to $305.7 million. Passenger revenues were flat at $193 million on a 14.8% rise in RPKs offset by a 12.8% decline in yield. Cargo revenues jumped 30.9% to $96.4 million on a 29. …

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