LAN Airlines S.A.
announced Wednesday that its Board of Directors authorized the
acquisition of 25 Airbus A318 and A319 aircraft. The company also
signed up for 15 options for similar aircraft.
Delivery of these aircraft will begin in 2006. LAN estimates
that this order will represent an investment of approximately $750
million. These aircraft are in addition to the nine A319 aircraft
from LAN's previous order that will be delivered between 2005 and
LAN and its affiliates will use these aircraft to operate
international routes across Latin America, as well as in the
Chilean, Peruvian and Argentine domestic markets. A portion of the
new Airbus A318 and A319s will also be used to gradually replace
LAN's Boeing 737-200 fleet.
Lan operates 56 passenger aircraft and seven freighters based in
Latin America. The airline serves destinations worldwide through
its own operations and with its code-share partners. Lan is a
member of the global airline alliance, "oneworld."