LATAM Airlines Brasil
LATAM Airlines Brasil, formerly TAM Linhas Aéreas, is the Brazilian brand of LATAM Airlines Group operating international and domestic flights from hubs in Rio de Janeiro, São Paulo, and Brasília. According to the National Civil Aviation Agency of Brazil (ANAC), between January and December 2019, LATAM had 34.7% of the domestic, and 20.9% of the international market share in terms of passenger-kilometers flown, making it the second largest domestic and largest international airline in Brazil.
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Commenced operations |
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AOC # | 13,221 (November 24, 2023) | ||||||
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Frequent-flyer program | LATAM Pass | ||||||
Fleet size | 145 | ||||||
Destinations | 93 | ||||||
Parent company | LATAM Airlines Group | ||||||
Headquarters | São Paulo, Brazil | ||||||
Key people | Jerome Cadier (CEO) | ||||||
Founder | Rolim Amaro | ||||||
Revenue | US10.7 billion (2017) | ||||||
Net income | US$109.4 million (2017) | ||||||
Website | www |
Before the takeover, TAM was Brazil's and Latin America's largest airline. Its headquarters are in São Paulo, operating scheduled services to destinations within Brazil, as well as international flights to Europe and other parts of North and South America. Shares in the company were traded on the São Paulo Exchange (BM&F Bovespa) and New York Stock Exchange as "TAM". Prior to the merger with LAN, the company closed its capital, transferring its shares to LATAM Airlines Group. However, in August 2015, it was announced that the two airlines would fully rebrand as LATAM, with one livery to be applied on all aircraft by 2018. The airline withdrew from the Star Alliance and joined Oneworld, effective from 31 March, 2014. The carrier left Oneworld on May 1, 2020.