Latin America’s Latam Airline group says its October 2014 load factor increased 1.6 points to 84.9 per cent and passenger traffic increased by three per cent while capacity increased by 1.1 per cent.

Group cargo traffic increased 1.5 per cent on a capacity drop of 2.3 per cent. Cargo load factor increased 2.4 points to 62.9 per cent. The decrease in cargo capacity was a result of decreased availability in the bellies of passenger aircraft in addition to a reduced freighter operation. Cargo traffic increase was driven by stronger seasonal exports from Latin America.