LATAM Airlines Group (NYSE:LTM) is a Chilean-based airline holding company formed in 2012 through the merger of LAN Airlines of Chile and TAM Linhas Aéreas of Brazil. The Group offers passenger and cargo air transportation services across South America and beyond, operating under a multi‐brand strategy that encompasses several nationally recognized carriers. Headquartered in Santiago, Chile, LATAM is structured to serve diverse market segments with full-service, premium and low‐cost offerings.
The core business activities of LATAM Airlines Group include scheduled domestic and international passenger flights, air cargo services and maintenance, repair and overhaul (MRO) capabilities through its technical divisions. Its passenger network connects major cities in Argentina, Brazil, Chile, Colombia, Ecuador and Peru, while its dedicated cargo operations transport perishables, pharmaceuticals and industrial goods across Europe, North America, Asia and other key markets. LATAM also provides ancillary revenue services such as loyalty programs, charter flights and in‐flight catering.
LATAM maintains hubs in Santiago, Lima and São Paulo, facilitating over 140 destinations across five continents. The airline group has invested in fuel-efficient aircraft, onboard connectivity and digital customer solutions, aiming to enhance operational efficiency and passenger experience. LATAM is a member of the oneworld alliance, which expands its global connectivity and offers reciprocal frequent‐flyer benefits with partner carriers.
Under the leadership of Chief Executive Officer Roberto Alvo, who took the helm following a period of corporate restructuring, LATAM continues to refine its long‐term strategy. The company emerged from a Chapter 11 reorganization process in late 2022, positioning itself for renewed growth in the post-pandemic environment. A board of directors representing institutional shareholders oversees governance, with regional management teams responsible for day-to-day operations across its various markets.
