Chile's LAN, One of Latin America's Largest Airlines, Reports 3Q Profits Down by 37%

LAN Airlines S.A. (NYSE:LFL), one of Latin America's largest airlines, with 2008 revenues of US$4.5 billion, a company controlled by right-of-center Chilean presidential candidate Sebastian Pinera, reported that its third quarter 2009 profits fell 37% to US$52.1 million, down from US$83 million a year ago.