LanChile Recognized for Its Market Leadership.Business Editors/Travel Writers MIAMI--(BUSINESS WIRE)--Feb. 13, 2003 Air Transport World, the leading monthly magazine covering the global airline industry, has awarded LanChile the "Market Leadership Award." "LanChile has earned a reputation for adaptability and innovation that has pushed it into the forefront of the world airline industry," sited Air Transport World editors. The distinction emphasizes the capacity of the company to operate successfully under very difficult market conditions. The effects of post 9/11, the financial crisis in Argentina, devaluation devaluation, decreasing the value of one nation's currency relative to gold or the currencies of other nations. It is usually undertaken as a means of correcting a deficit in the balance of payments. of the currency in Brazil and the instability of the region, have not prevented LanChile from maintaining positive income from 1994 to 2001, which continued into 2002 with the company obtaining US$15.3 million in profits in the first nine months of the year, with US$1.03 million in sales. "We are proud to receive this important recognition among the best airlines in the world," said Pablo Montesinos, LanChile's Vice President North/Central America and Asia. "It is yet another testament from industry experts to LanChile's continuous successful efforts to provide our passengers with the highest level of safety, security and service." The annual Air Transport World awards began in 1974 to recognize excellence in the airline and commercial aerospace industries. The "Market Leadership Award" is given to an airline -- passenger, cargo or both -- that has developed a new market, either a new city-pair, or customer base, and done exciting things. An important consideration in the selection is whether the airline is making any money with the new program; success is essential. Air Transport World looks for new things that will last. Already recognized as the best airline in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , LanChile is well on its way to achieving its goal of becoming one of the top 10 airlines in the world. LanChile's vast route network reaches a large number of destinations throughout the world with service from 29 North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. cities, including daily non-stop and direct flights from its Miami, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. gateways to Lima, Santiago, Buenos Aires, Bogota, Caracas, Quito, Guayaquil and Punta Cana. Passengers traveling with LanChile, LanPeru or LanExpress may accumulate mileage in American Airlines AAdvantage, LanChile's LanPass, or any of the oneworld(TM) member frequent flyer frequent flyer Hospital practice A popular term for a Pt who is regularly admitted to a particular ER or health care facility, for various reasons programs. For additional information, contact LanChile Airlines toll-free at (866) LANCHILE or (786) 265-6240. Visit LanChile Airlines' (NYSE NYSE See: New York Stock Exchange :LFL LFL Lower Flammable Limit LFL Lutherans for Life LFL Lingerie Football League LFL Like for Like (comparison of sales) LFL Libertarians for Life LFL Lucasfilm Limited LFL Lot for Lot LFL Looking for Love ) website at http://www.lanchile.com. |
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