LATAM Airlines Group

LATAM Airlines Group S.A.
Company type	Sociedad Anónima
Traded as	BCS: LTM
ISIN	CL0000000423
Industry	Aviation
Founded	22 June 2012
Headquarters	Santiago, Chile
Key people	Ignacio Cueto (Chairman) ; Roberto Alvo (CEO)
Products	Passenger flights; Cargo activity ; Aircraft maintenance
Services	Airline Services
Revenue	$9.895 billion (2018)
Operating income	$758 million (2018)
Net income	$213 million (2018)
Total assets	$17.566 billion (2018)
Owner	Banco de Chile (60%); Delta Air Lines (10%); Qatar Airways (10%); Banco Santander Chile (9%);
Number of employees	43,000 (2017)
Subsidiaries	LATAM Chile; LATAM Brasil; LATAM Colombia; LATAM Ecuador; LATAM Paraguay; LATAM Perú; LATAM Cargo Chile; LATAM Cargo Brasil; LATAM Cargo Colombia; Click LATAM;
Website	www.latam.com

LATAM Airlines Group S.A. is a Chilean airline holding company headquartered in Santiago, Chile. It is considered the largest airline company in Latin America with subsidiaries in Brazil, Colombia, Ecuador, Paraguay and Peru. 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. 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.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.