LAN Airlines

LAN Airlines

March 11, 2005 16:10 ET

LAN Airlines Statement


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: LAN AIRLINES

NYSE SYMBOL: LFL

MARCH 11, 2005 - 16:10 ET

LAN Airlines Statement

MIAMI--(CCNMatthews - Mar 11, 2005) -

LAN Airlines, in conjunction with Argentine investors, has initiated
negotiations to acquire an airline in Argentina - with an approved air
operator certificate - in order to operate domestic and international
passenger, mail and cargo services.

The airline will use the name of LAN ARGENTINA and will be part of the
LAN airline alliance.

Upon the approval by local authorities of the required traffic rights,
LAN ARGENTINA will propose to the government the incorporation of all of
the LAFSA employees.

LAN is pleased to have the opportunity to further contribute to the
aviation of Argentina and region, and reaffirms its commitment to
excellence with the highest standards of safety and service.

The LAN service alliance participating airlines LAN Airlines (NYSE:LFL),
LAN PERU and LAN ECUADOR offer a united spirit of reliability and charm
that provides passengers the highest level of service and safety with
the complete travel experience throughout the skies of the Americas.

The LAN alliance's vast route network reaches a large number of
destinations throughout the world, including the Americas, Europe, Asia
and the South Pacific. The alliance offers non-stop and direct flights
from North America to Argentina, Chile, Colombia, Dominican Republic,
Ecuador, Peru and Venezuela with service from 30 North American cities,
including daily flights from its Miami, New York and Los Angeles
gateways. Passengers traveling with any of the LAN service alliance
participating airlines may accumulate frequent flier kilometers in
LANPASS. Additionally, passengers traveling with LAN AIRLINES or LAN
PERU may also accumulate frequent flier miles in American Airlines'
AAdvantage or any of the oneworld™ member frequent flyer programs.

For additional information, contact LAN toll-free at 1 (866) I-FLY-LAN.
Visit LAN's website at http://www.lan.com.

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Contact Information

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