LATAM Airlines Group SA - Company Profile
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LATAM Airlines Group SA (LATAM), formerly LAN Airlines SA, provides passenger transport and cargo services. LATAM, through its affiliates and subsidiaries, offers domestic and international passenger services, load monitoring, check-in and check-out, and inflight entertainment services. It also offers engineering, technical assistance, flight rebooking, air charter services, hauling aircraft and operational flight dispatch service. It operates in Argentina, Chile, Brazil, Peru, Ecuador, and other Latin American countries, North America, Europe, and Asia Oceania. LATAM includes LAN Airlines, LAN Cargo and their affiliates. It also includes the affiliates of TAM S.A. and its subsidiaries TAM Linhas Aereas S.A. The company’s subsidiaries, LAN and TAM are members of the Oneworld airline alliance. LATAM is headquartered at Santiago, Chile.
Headquarters
Chile
Address
Av. Americo Vespucio Sur 901, Renca
Website
www.latam.com/es_cl
Telephone
56 2 25652525
No of Employees
35,568
Industry
Transport and Logistics
Ticker Symbol & Exchange
LTM (SCL)
Revenue (2022)
$11.6B
24.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-56.6%
(2022 vs 2021)
Market Cap*
$7.6B
Net Profit Margin (2022)
XYZ
-65.0%
(2022 vs 2021)
* As of and is in US$
LATAM Airlines Group SA premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Domestic and International Passenger Services | TAM |
| Cargo Services | LAN |
| Handling Services | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In April, the company announced its plans to relaunch direct flights from Sydney to Santiago, Chile. |
| 2024 | Contracts/Agreements | In April, the company selected Sabre's Sabre Air Price IQ to provide offers by examining shopping and revenue management data in real-time. |
| 2024 | Contracts/Agreements | In April, the company awarded a contract to Joramco to perform heavy maintenance on its Boeing 787 fleet. |
Competitor Comparison
| Key Parameters | LATAM Airlines Group SA | Air France-KLM SA | Air Canada | Cargolux Airlines International SA | Atlas Air Worldwide Holdings Inc |
|---|---|---|---|---|---|
| Headquarters | Chile | France | Canada | Luxembourg | United States of America |
| City | Renca | Paris | Saint-Laurent | Luxembourg | Purchase |
| State/Province | - | Ile-de-France | Quebec | - | New York |
| No. of Employees | 35,568 | 77,806 | 35,400 | 2,500 | 4,500 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ignacio Cueto Plaza | Chairman | Executive Board | 2017 | - |
| Roberto Alvo | Chief Executive Officer | Senior Management | 2020 | - |
| Ramiro Alfonsin | Chief Financial Officer | Senior Management | 2016 | - |
| Juliana Rios | Chief IT and Digital Officer | Senior Management | - | - |
| Martin St. George | Chief Commercial Officer | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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