LATAM Airlines Group S.A. Stock Company Profile

Description

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Chile, Peru, Argentina, the United States, Europe, Colombia, Brazil, Ecuador, the Asia Pacific, and rest of Latin America. The company provides passenger transportation services to approximately 129 destinations in 18 countries, as well as cargo services to approximately 137 destinations in 20 countries; and operates loyalty programs. As of December 31, 2021, it operated a fleet of 303 aircraft, including 297 passenger aircraft and 13 cargo aircraft; and subleased 1 cargo aircraft to third parties. The company was formerly known as LAN Airlines S.A. and changed its name to LATAM Airlines Group S.A. in June 2012. LATAM Airlines Group S.A. was founded in 1929 and is headquartered in Santiago, Chile. On May 26, 2020, LATAM Airlines Group S.A., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.