ALTA Member Airlines Passenger Traffic Increases 3.7% in April

ALTA Member Airlines Passenger Traffic Increases 3.7% in April [Versión en español] Miami, May 31, 2012 The Latin American and Caribbean Air Transport Association (ALTA) announced that its member airlines carried 11.8 million passengers in April, up 3.7% from the previous year. Traffic (RPK) grew 6.0% and capacity (ASK) increased 4.9%, bringing up the load factor to 76.3%, 0.8 percentage points higher than in April 2011. The number of passengers carried year- to- date increased 5.8% versus the same period of the previous year, reaching 48.1 million passengers. During the aforementioned period, traffic (RPK) rose 7.6%, capacity (ASK) increased 8.3%, and the passenger load factor reached 75.5%, 0.5 percentage points lower than the previous year. Freight ton kilometers decreased 3.2% in April but climbed 8.4% year- to- date. 2012 April 2011 Change 11,830,337 11,413,423 3.7% ä 48,147,433 45,502,199 5.8% ä RPK (millions) 17,917.5 16,902.8 6.0% ä 73,757.4 68,548.7 7.6% ä ASK (millions) 23,468.7 22,378.1 4.9% ä 97,712.5 90,224.8 8.3% ä 76.3% 75.5% 0.8 pts. ä 75.5% 76.0% - 0.5 pts. å 336,679 347,744-3.2% å 1,423,420 1,312,554 8.4% ä Passengers PLF FTK (thousands) Year- to- date 2012 2011 Change - Full details in page 3- Reporting airlines: Aerolíneas Argentinas (includes Austral), Aeromexico, Avianca, COPA Airlines, GOL, LAN Group, PLUNA, TACA Group, TAM, TAM Mercosur, and Volaris. Glossary RPK (Revenue Passenger Kilometers) number of passengers carried times the distance traveled ASK (Available Seat Kilometers) number of seats available for sale times the distance traveled PLF Passenger Load Factor, obtained by dividing the RPKs by the ASKs FTK (Freight Ton Kilometers) number of tons of freight carried times the distance traveled

About ALTA: ALTA (Latin American and Caribbean Air Transport Association) is a private, non- profit organization, whose member airlines represent more than 90 percent of the region's commercial air traffic. ALTA coordinates the collaborative efforts of its members in order to facilitate the development of safer, more efficient and environmentally friendly air transport in the Latin America and Caribbean region for the mutual benefit of the association's members, their customers and the industry. Visit ALTA at www.alta.aero. Member Airlines: ABSA, AeroGal, Aerolíneas Argentinas, Aeroméxico, Aeroméxico Connect, Aerosur, Air Jamaica, Avianca, Avianca Brasil, Aviateca, Bahamasair, Caribbean Airlines, Cayman Airways, Copa Airlines, Copa Airlines Colombia, Cubana de Aviación, GOL, InselAir, Lacsa, LAN, LAN Argentina, LAN Cargo, LAN Colombia, LANCO, LAN Ecuador, LAN Express, LAN Peru, LIAT, MasAir, PLUNA, TACA, TACA Peru, TAM, TAM Mercosur, TAME, Volaris Associate Members: Air Canada, Delta Air Lines, Iberia, TAP Portugal, Turkish Airlines, United Airlines, UPS Affiliate Members: Airbus, Air Lease Corp., Airline Business, Amadeus, AON, ARINC, Ascend, ATR, AvGroup, Avio- Diepen, Bain & Company, Barfield, Boeing, Bombardier, CFM, Chromalloy, Embraer, GE Aviation, Hahn Air, HEICO, Holland & Knight, ICF SH&E, ILFC, Lufthansa Consulting, Lufthansa Systems, MARSH Aviation, Mercator, Mitsubishi Aircraft Corporation, OAG, Petrobras Aviation, Pratt & Whitney, Rockwell Collins, ROUTES, SABRE Airline Solutions, SHELL Aviation, SITA, SNECMA, SpencerStuart, Superjet International, Travelport, Travel Guard Worldwide, UATP, Wencor, Willis Aerospace. Contact: +1-786 388-0222 Hernan Sznycer (hsznycer@alta.aero) or Dulce Carrillo (dcarrillo@alta.aero). ###

April Year- to- date 2012 2011 Change 2012 2011 Change Passengers 11,830,337 11,413,423 3.7% 48,147,433 45,502,199 5.8% Domestic 7,825,643 8,124,131-3.7% 31,419,614 31,752,600-1.0% Intra- LatAm* 2,912,320 2,199,746 32.4% 12,132,091 9,515,859 27.5% Extra- LatAm 1,092,374 1,089,546 0.3% 4,595,728 4,233,740 8.6% RPK (millions) 17,917.5 16,902.8 6.0% 73,757.4 68,548.7 7.6% Domestic 7,670.8 7,738.9-0.9% 31,351.6 30,966.9 1.2% Intra- LatAm* 4,740.9 3,801.6 24.7% 20,087.4 16,493.7 21.8% Extra- LatAm 5,505.8 5,362.2 2.7% 22,318.3 21,088.2 5.8% ASK (millions) 23,468.7 22,378.1 4.9% 97,712.5 90,224.8 8.3% 10,498.1 10,480.1 0.2% 44,002.4 42,119.0 4.5% Intra- LatAm* 6,294.8 5,183.2 21.4% 26,381.5 21,519.5 22.6% Extra- LatAm 6,675.8 6,714.9-0.6% 27,328.5 26,586.3 2.8% 76.3% 75.5% 0.8 pts. 75.5% 76.0% - 0.5 pts. Domestic 73.1% 73.8% - 0.8 pts. 71.2% 73.5% - 2.3 pts. Intra- LatAm* 75.3% 73.3% 2.0 pts. 76.1% 76.6% - 0.5 pts. Extra- LatAm 82.5% 79.9% 2.6 pts. 81.7% 79.3% 2.3 pts. 336,679 347,744-3.2% 1,423,420 1,312,554 8.4% Domestic 25,967 38,793-33.1% 129,793 147,438-12.0% Intra- LatAm* 73,385 76,291-3.8% 288,221 274,645 4.9% Extra- LatAm 237,327 232,660 2.0% 1,005,406 890,471 12.9% Domestic PLF FTK (thousands) * International flights only

Tráfico de Pasajeros de las Aerolíneas ALTA se Incrementa 3,7% en Abril [English version] Miami, 31 de mayo de 2012 ALTA, la Asociación Latinoamericana y del Caribe de Transporte Aéreo, informa que el número de pasajeros transportados por sus aerolíneas miembros durante abril se incrementó un 3,7%, alcanzando los 11,8 millones de pasajeros. El trafico (RPK) se incrementó un 6,0% y la capacidad (ASK) creció un 4,9%, incrementando el factor de ocupación al 76,3%, 0,8 puntos porcentuales más que en abril de 2011. La cantidad de pasajeros transportados acumulada a abril aumentó un 5,8% con respecto al mismo período del año anterior, alcanzando los 48,1 millones de pasajeros. Durante el período mencionado el tráfico (RPK) se incrementó un 7,6%, la capacidad (ASK) aumentó un 8,3%, y el factor de ocupación alcanzó el 75,5%, 0,5 puntos porcentuales por debajo del período anterior. Las toneladas- kilómetros de carga decrecieron un 3,2% en abril pero se incrementaron un 8,4% en lo que va de 2012. 2012 Abril 2011 Variación 2012 Acumulado 2011 Variación 11.830.337 11.413.423 3,7% ä 48.147.433 45.502.199 5,8% ä RPK (millones) 17.917,5 16.902,8 6,0% ä 73.757,4 68.548,7 7,6% ä ASK (millones) 23.468,7 22.378,1 4,9% ä 97.712,5 90.224,8 8,3% ä 76,3% 75,5% 0,8 pts. ä 75,5% 76,0% - 0,5 pts. å 336.679 347.744-3,2% å 1.423.420 1.312.554 8,4% ä Pasajeros PLF FTK (miles) - Detalles completos en la página 6- Aerolíneas que reportan información: Aerolíneas Argentinas (y Austral), Aeroméxico, Avianca, COPA Airlines, GOL, Grupo LAN, Grupo TACA, PLUNA, TAM, TAM Mercosur, y Volaris. Glosario RPK (Revenue Passenger Kilometers) cantidad de pasajeros pagos transportados multiplicado por la distancia recorrida ASK (Available Seat Kilometers) cantidad de asientos disponibles para la venta multiplicado por la distancia recorrida PLF factor de ocupación, se obtiene dividiendo los RPK por los ASK FTK (Freight Tonne Kilometers) cantidad de toneladas de carga transportadas multiplicada por la distancia recorrida

Acerca de ALTA: ALTA (Asociación Latinoamericana y del Caribe de Transporte Aéreo) es una organización sin fines de lucro, con aerolíneas miembros representando más del 90 por ciento del tráfico aéreo comercial de la región. ALTA coordina los esfuerzos de colaboración de sus miembros con el fin de facilitar el desarrollo de una industria aérea más segura, eficiente y ecológica en la región de Latinoamérica y del Caribe, para el beneficio mutuo de los miembros de la Asociación, sus clientes y la industria. Visite ALTA en www.alta.aero. Aerolíneas Miembros: ABSA, AeroGal, Aerolíneas Argentinas, Aeroméxico, Aeroméxico Connect, Aerosur, Air Jamaica, Avianca, Avianca Brasil, Aviateca, Bahamasair, Caribbean Airlines, Cayman Airways, Copa Airlines, Copa Airlines Colombia, Cubana de Aviación, GOL, InselAir, Lacsa, LAN, LAN Argentina, LAN Cargo, LAN Colombia, LANCO, LAN Ecuador, LAN Express, LAN Peru, LIAT, MasAir, PLUNA, TACA, TACA Peru, TAM, TAM Mercosur, TAME, Volaris Miembros Asociados: Air Canada, Delta Air Lines, Iberia, TAP Portugal, Turkish Airlines, United Airlines, UPS Miembros Afiliados: Airbus, Air Lease Corp., Airline Business, Amadeus, AON, ARINC, Ascend, ATR, AvGroup, Avio- Diepen, Bain & Company, Barfield, Boeing, Bombardier, CFM, Chromalloy, Embraer, GE Aviation, Hahn Air, HEICO, Holland & Knight, ICF SH&E, ILFC, Lufthansa Consulting, Lufthansa Systems, MARSH Aviation, Mercator, Mitsubishi Aircraft Corporation, OAG, Petrobras Aviation, Pratt & Whitney, Rockwell Collins, ROUTES, SABRE Airline Solutions, SHELL Aviation, SITA, SNECMA, SpencerStuart, Superjet International, Travelport, Travel Guard Worldwide, UATP, Wencor, Willis Aerospace. Contacto: +1-786 388-0222 Hernan Sznycer (hsznycer@alta.aero) o Dulce Carrillo (dcarrillo@alta.aero). ###

Abril Acumulado 2012 2011 Variación 2012 2011 Variación 11.830.337 11.413.423 3,7% 48.147.433 45.502.199 5,8% Doméstico 7.825.643 8.124.131-3,7% 31.419.614 31.752.600-1,0% Intra- LatAm* 2.912.320 2.199.746 32,4% 12.132.091 9.515.859 27,5% Extra- LatAm 1.092.374 1.089.546 0,3% 4.595.728 4.233.740 8,6% RPK (millones) 17.917,5 16.902,8 6,0% 73.757,4 68.548,7 7,6% Doméstico 7.670,8 7.738,9-0,9% 31.351,6 30.966,9 1,2% Intra- LatAm* 4.740,9 3.801,6 24,7% 20.087,4 16.493,7 21,8% Extra- LatAm 5.505,8 5.362,2 2,7% 22.318,3 21.088,2 5,8% ASK (millones) 23.468,7 22.378,1 4,9% 97.712,5 90.224,8 8,3% Doméstico 10.498,1 10.480,1 0,2% 44.002,4 42.119,0 4,5% Intra- LatAm* 6.294,8 5.183,2 21,4% 26.381,5 21.519,5 22,6% Extra- LatAm 6.675,8 6.714,9-0,6% 27.328,5 26.586,3 2,8% 76,3% 75,5% 0,8 pts. 75,5% 76,0% - 0,5 pts. Doméstico 73,1% 73,8% - 0,8 pts. 71,2% 73,5% - 2,3 pts. Intra- LatAm* 75,3% 73,3% 2,0 pts. 76,1% 76,6% - 0,5 pts. Extra- LatAm 82,5% 79,9% 2,6 pts. 81,7% 79,3% 2,3 pts. 336.679 347.744-3,2% 1.423.420 1.312.554 8,4% Doméstico 25.967 38.793-33,1% 129.793 147.438-12,0% Intra- LatAm* 73.385 76.291-3,8% 288.221 274.645 4,9% Extra- LatAm 237.327 232.660 2,0% 1.005.406 890.471 12,9% Pasajeros PLF FTK (miles) * solo vuelos internacionales