LATAM Airlines Group

This article is about the holding company. For the airline company of which this is a parent of, see LATAM Airlines.
For the region, see Latin America.
For other uses, see LATAM (disambiguation).

LATAM Airlines Group S.A.
Company typeSociedad Anónima
BCS: LTM
ISINCL0000000423 Edit this on Wikidata
IndustryAviation
Founded22 June 2012; 12 years ago (2012-06-22)
HeadquartersSantiago, Chile[1][2]
Key people
Ignacio Cueto[3] (Chairman)
Roberto Alvo (CEO)
ProductsPassenger flights
Cargo activity
Aircraft maintenance
ServicesAirline Services
RevenueIncrease US$11.789 billion (2023)[4]
Increase US$1.078 billion (2023)[4]
Increase US$0.582 billion (2023)[4]
Total assetsIncrease US$14.667 billion (2023)[4]
Owner
Number of employees
35,568 (2023)
Subsidiaries
Websitewww.latamairlinesgroup.net

LATAM Airlines Group S.A. is a Chilean multinational airline holding company headquartered in Santiago, Chile.[1][2] It is considered the largest airline company in Latin America[5][6] with subsidiaries in Brazil, Colombia, Ecuador, Paraguay and Peru.[7][8][9][10][11] The company filed for Chapter 11 bankruptcy in the United States on 26 May 2020, due to economic problems attributed to the impact of the COVID-19 pandemic on aviation.[12]

Although LATAM Airlines' headquarters are located in Chile, the carrier is an American depositary receipt and traded on both the Santiago Stock Exchange and New York Stock Exchange at the time of bankruptcy. The company's stock ticker (LTMAQ) was delisted from the NYSE and later moved to the unregulated OTC Markets Pink on 12 June 2020.

  1. ^ a b "LATAM Airlines Group SA". Reuters. 17 August 2018.
  2. ^ a b "Latam Airlines Group SA Corporate Information". Bloomberg L.P. 27 October 2018.
  3. ^ "LATAM – Board of Directors". latamairlinesgroup.net. Retrieved 15 May 2017.
  4. ^ a b c d "Annual Integrated Report 2023". LATAM Airlines Group SA. Retrieved 19 October 2024.
  5. ^ "Latam Airlines Group SA – Company Profile and News". Bloomberg L.P. Retrieved 26 May 2020.
  6. ^ "Kantar BrandZ" (PDF).
  7. ^ Webber, Jude; Lemer, Jeremy (15 August 2010). "LatAm airlines join consolidation trend". Financial Times. Retrieved 16 August 2010.
  8. ^ Sobie, Brendan (13 August 2010). "LAN and TAM to merge". Flight International. Retrieved 14 August 2011.
  9. ^ "Contact." LATAM Airlines Group. Retrieved on 25 January 2013. "Contact Pdte. Riesco 5711, 20th floor Las Condes Santiago, Chile "
  10. ^ http://i.imgur.com/IvRaefc.jpg [bare URL image file]
  11. ^ http://www.melhoresdestinos.com.br/wp-content/uploads/2015/08/logo_timeline_1024.jpg [bare URL image file]
  12. ^ Cite error: The named reference Bankruptcy was invoked but never defined (see the help page).