46 New Aircraft for LAN
SANTAGO, Chile, August 5, 2005. LAN Airlines and LAN Cargo are acquiring 12 long-haul Boeing 767-300 aircraft for passenger and cargo operations, an investment totaling US$1.1 billion. These aircraft, to be received between this year and 2008, are intended to double the company's freighter fleet, and also strengthen the international passenger routes serviced by LAN Alliance member airlines, including LAN Peru, LAN Argentina, LAN Ecuador and LAN Airlines, through lease arrangements.
This investment is in addition to the recent approval for the acquisition of 25 short-haul Airbus A319 and A318 aircraft already announced by LAN. This new measure, coupled with other acquisitions, will translate into 46 new aircraft over a four-year term for a total investment of approximately US$2.2 billion.
Enrique Cueto, LAN Airlines Chief Executive Officer, said "this delivery marks the beginning of a historical initiative that shows the company's confidence in the development of Latin American countries. The LAN Alliance, distinguished at an international level for its quality service, will offer its passenger and cargo clients one of the most modern fleets worldwide."
The LAN service alliance participating airlines LAN Airlines, LAN Peru, LAN Ecuador and LAN Argentina 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.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
