{{short description|Latin American airline holding company}} {{Update|inaccurate=yes|date=December 2021}} {{For|the region|Latin America}} {{Other uses|LATAM (disambiguation)}} {{Use dmy dates|date=November 2022}}
{{Infobox airline | airline = LATAM Airlines Group S.A. | logo = Latam-logo -v (Indigo).svg | image = | image_size = | IATA = | parent = | traded_as = {{BCS|LTM}} | aoc = | hubs = | focus_cities = | frequent_flyer = | alliance = | subsidiaries = {{Plainlist| * LATAM Chile * LATAM Brasil * LATAM Colombia * LATAM Ecuador * LATAM Paraguay * LATAM Perú * LATAM Cargo Chile * LATAM Cargo Brasil * LATAM Cargo Colombia }} | fleet_size = 368 | destinations = 166<ref>{{Cite web |title=LATAM Airlines on ch-aviation|url=https://www.ch-aviation.com/portal/airline/LA1|website=ch-aviation|language=en}}</ref> | num_employees = 35,568 (2023) | caption = | ICAO = | callsign = | founded = {{start date and age|df=yes|2012|6|22}} | commenced = | bases = | secondary_hubs = | lounge = | headquarters = Santiago<ref name="auto1">{{cite web|url=https://www.reuters.com/finance/stocks/companyProfile/LFLy.BE|title=LATAM Airlines Group SA|date=17 August 2018|work=Reuters}}</ref><ref name="auto">{{cite web|url=https://www.bloomberg.com/profiles/companies/LTM:CI-latam-airlines-group-sa|title=Latam Airlines Group SA Corporate Information|date=27 October 2018|publisher=Bloomberg L.P.}}</ref> | key_people = {{nowrap|Ignacio Cueto<ref>{{cite web|title=LATAM – Board of Directors|url=http://www.latamairlinesgroup.net/phoenix.zhtml?c=81136&p=irol-govBoard|website=latamairlinesgroup.net|access-date=15 May 2017}}</ref> (Chairman)}} <br /> Roberto Alvo (CEO) | founders = | revenue = {{Increase}} {{US$|13.034 billion|link=yes}} (2024)<ref name="FY2023">{{cite web | title=Annual Integrated Report 2023 | website=LATAM Airlines Group SA | url=https://www.latamairlinesgroup.net/static-files/5ca24e0f-17bf-4bcc-8611-3536b3c2a2cd | access-date=19 October 2024}}</ref> | operating_income = {{Increase}} {{US$|1.660 billion}} (2024)<ref name="FY2023"/> | net_income = {{Increase}} {{US$|0.977 billion}} (2024)<ref name="FY2023"/> | assets = {{Increase}} {{US$|15.850 billion}} (2024)<ref name="FY2023"/> | equity = | website = {{URL|https://www.latamairlinesgroup.net/}} | notes = }}
'''LATAM Airlines''' is a Chilean multinational airline headquartered in Santiago, Chile.<ref name="auto1"/><ref name="auto"/> It is the largest airline holding company in Latin America<ref>{{cite web|url=https://www.bloomberg.com/profiles/companies/LTM:CI-latam-airlines-group-sa|publisher=Bloomberg L.P.|access-date=26 May 2020|title=Latam Airlines Group SA – Company Profile and News}}</ref><ref name=":1">{{Cite web|url=http://brandz.com/admin/uploads/files/BrandZ_LatAm_2017_Download.pdf|title = Kantar BrandZ}}</ref> with subsidiaries in Brazil, Colombia, Ecuador, Paraguay and Peru.<ref>{{Cite news | last1 = Webber | first1 = Jude | last2 = Lemer | first2 = Jeremy | title = LatAm airlines join consolidation trend | newspaper = Financial Times | date = 15 August 2010 | url = https://www.ft.com/content/d73cff90-a89a-11df-86dd-00144feabdc0 | access-date =16 August 2010}}</ref><ref>{{Cite news | last = Sobie | first = Brendan | title = LAN and TAM to merge |work=Flight International | date = 13 August 2010 | url = http://www.flightglobal.com/articles/2010/08/13/346154/lan-and-tam-to-merge.html | access-date =14 August 2011}}</ref><ref>"[http://www.latamairlinesgroup.net/phoenix.zhtml?c=81136&p=irol-contact Contact]." LATAM Airlines Group. Retrieved on 25 January 2013. "Contact Pdte. Riesco 5711, 20th floor Las Condes Santiago, Chile "</ref><ref>{{Cite web| title=LATAM Airplane | url=http://i.imgur.com/IvRaefc.jpg | archive-url=https://web.archive.org/web/20160304074531/http://i.imgur.com/IvRaefc.jpg | archive-date=2016-03-04}}</ref><ref>{{Cite web | url=http://www.melhoresdestinos.com.br/wp-content/uploads/2015/08/logo_timeline_1024.jpg | title=LATAM logo timeline | format=JPG | archive-url=https://web.archive.org/web/20200728031316/https://www.melhoresdestinos.com.br/wp-content/uploads/2015/08/logo_timeline_1024.jpg | archive-date=28 July 2020 }}</ref> 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.<ref name="Bankruptcy"/>
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.
==History== ===Merger=== Chile's LAN-Chile and Brazil's TAM Linhas Aéreas signed a non-binding agreement to merge on 13 August 2010, followed by a binding agreement on 19 January 2011,<ref>{{cite web|url=http://www.tam.com.br/b2c/vgn/v/index.jsp?vgnextoid=28ef13aac9b9d210VgnVCM1000009508020aRCRD|access-date=14 August 2011 |date=19 January 2011 | publisher=TAM Linhas Aéreas | title=TAM and LAN announce binding agreement}}</ref><ref>{{cite web | url=https://www.reuters.com/article/idCNN1321787820100813?rpc=44 | title=LAN says signs non-binding deal with TAM to merge | work=Reuters| date=13 August 2010 | access-date=13 August 2010}}</ref> and papers to close the merger on 22 June 2012, with TAM Linhas Aéreas' shareholders agreeing to the takeover by LAN Airlines.<ref>{{cite web|url=https://www.bbc.co.uk/news/world-latin-america-18560343 |title=Chile's Lan and Brazil's Tam merge to create huge airline |publisher=BBC |date=1970-01-01 |access-date=2012-06-23}}</ref> Enrique Cueto, former CEO of LAN, became the CEO of LATAM; LATAM now has been reworked into being a portmanteau word of "Latin" and "America".<ref>{{cite web|url=http://www.flightglobal.com/articles/2010/08/13/346155/enrique-cueto-to-be-ceo-of-new-lan-tam-parent.html |date=13 August 2010 |work=Flight International |access-date=14 August 2011 |title=Enrique Cueto to be CEO of new LAN-TAM parent }}</ref> Mauricio Rolim Amaro, formerly vice-chairman of TAM, became LATAM chairman.<ref name=FlightGlobal1>{{cite web|url=http://www.flightglobal.com/articles/2010/08/14/346158/lan-and-tam-aim-to-complete-merger-by-mid-2011.html |date=14 August 2010 |publisher=Flight Global |access-date=14 August 2019
|title=LAN and TAM aim to complete merger by mid 2011 }}</ref>
===Government approvals=== The agreement to establish LATAM was approved by Chilean authorities on 21 September 2011, with 11 restrictions. These included transferring four landing slots at São Paulo–Guarulhos International Airport to competitors interested in operating flights to Santiago de Chile's Arturo Merino Benítez International Airport, renouncing membership to either the Oneworld or Star Alliance airline alliance, restricting the increase in capacity on flights between Brazil and Chile, and opening code-share possibilities and fidelity program membership to interested competitors.<ref>{{cite web | url=http://www.valor.com.br/empresas/1013334/tribunal-chileno-aprova-fusao-de-tam-e-lan-com-11-condicoes | title=Tribunal chileno aprova fusão de TAM e LAN com 11 condições | publisher=Valor Econômico | date=21 September 2011 | access-date=26 September 2011 | language=pt | first=Luciana | last=Seabra}}</ref> On 14 December 2011, Brazilian authorities approved the agreement, imposing similar restrictions as Chilean authorities: LATAM would have to choose an alliance by August 2012 and frequencies between São Paulo and Santiago de Chile would have to be reduced. At the time, TAM had two pairs of slots while LAN had four. LAN had to relinquish two pairs to competitors interested in using them.<ref>{{cite web | url=http://economia.estadao.com.br/noticias/economia+geral,com-restricoes-cade-aprova-fusao-tamlan,95999,0.htm | title=Com restrições, CADE aprova fusão TAM/Lan | publisher=O Estado de S. Paulo | date=14 December 2011 | access-date=15 December 2011 | language=pt | first1=Eduardo | last1=Rodrigues | first2=Célia | last2=Froufe | archive-date=14 May 2012 | archive-url=https://web.archive.org/web/20120514012829/http://economia.estadao.com.br/noticias/economia+geral,com-restricoes-cade-aprova-fusao-tamlan,95999,0.htm | url-status=dead }}</ref> On 7 March 2013, LATAM announced its final decision to choose Oneworld as its global airline alliance. As a result, TAM left Star Alliance during the second quarter of 2014 to join Oneworld.<ref>{{cite web|url=http://www.latamairlinesgroup.net/phoenix.zhtml?c=81136&p=irol-newsArticleMedia&ID=1793569&highlight=|title=LATAM – News Release|website=latamairlinesgroup.net|access-date=15 May 2017}}</ref>
===Rebranding=== In August 2015, it was announced that all LATAM Airlines Group airlines would fully rebrand as LATAM, with one unified livery to be applied on all aircraft by 2018.<ref>[http://worldairlinenews.com/2015/08/06/lan-and-tam-to-operate-as-latam-with-a-new-livery/ "LAN and TAM to operate as LATAM with a new livery"] retrieved 9 August 2015</ref><ref>[http://www.flightglobal.com/news/articles/latam39s-entire-fleet-to-have-new-livery-by-2018-415470/ "LATAM's entire fleet to have new livery by 2018"] retrieved 9 August 2015</ref> The rebranding included all aspects of the business, such as staff uniforms and airport check in facilities.<ref>{{cite news|last1=Mutzabaugh|first1=Ben|title=So long, LAN and TAM; Airlines will soon fly under LATAM brand|url=https://www.usatoday.com/story/todayinthesky/2015/08/07/so-long-lan-and-tam-airlines--soon-fly-under-latam-brand/31293475/|access-date=31 August 2015|work=USA Today|date=7 August 2015}}</ref> The first of the aircraft were repainted (or delivered new) in the new LATAM livery in April 2016.<ref>{{Cite web |last=Mutzabaugh |first=Ben |title=LATAM Airlines unveils post-merger paint scheme for LAN, TAM planes |url=https://www.usatoday.com/story/travel/flights/todayinthesky/2016/04/28/latam-airlines-unveils-post-merger-paint-scheme-lan-tam-planes/83646336/ |access-date=2023-01-28 |website=USA TODAY |language=en-US}}</ref>
===2019–2020: Delta stake, Oneworld departure, and Enrique Cueto steps down=== On 26 September 2019, Delta Air Lines announced its plans to buy 20% of LATAM for $1.9 billion, to expand Delta's access to the Latin American market. Additionally, Delta agreed to pay LATAM's exit fee from Oneworld and to take delivery of all Airbus A350 XWB aircraft that LATAM had on order.<ref>{{cite news|url=https://www.reuters.com/article/us-latam-airlines-m-a-delta-air-idUSKBN1WB2UZ|title=Delta to buy 20% of LATAM for $1.9 billion in regional shake-up|date=27 September 2019|access-date=26 May 2020|work=Reuters|last1=Rucinski|first1=Tracy}}</ref><ref>{{cite news|url=https://www.wsj.com/articles/delta-air-lines-to-take-20-stake-in-latam-airlines-for-1-9-billion-11569535436|title=Delta Air Lines to Take 20% Stake in Latam Airlines for $1.9 Billion|last=Sider|first=Alison|newspaper=The Wall Street Journal|date=26 September 2019|language=en-US|access-date=2019-09-27}}</ref> On 1 January 2020, it was reported that Delta Air Lines' acquisition of the 20% stake in the LATAM group was completed.{{cn|date=June 2024}} Group CEO Enrique Cueto stepped down on 31 March 2020, and was succeeded by Roberto Alvo, the group's then-current Chief Commercial Officer.<ref>{{cite web|url=https://latamairlines.gcs-web.com/static-files/1bf859c7-108c-4573-aba6-f9ec4f4d305b|title=LATAM AIRLINES GROUP REPORTS A 21.8% IMPROVEMENT IN OPERATING INCOME AND A 10.1% OPERATING MARGIN FOR THE THIRD QUARTER 2019|access-date=9 December 2019}}</ref> On 31 January 2020, LATAM announced that it would leave Oneworld three months later on 1 May.<ref>{{cite web|url=https://www.oneworld.com/news/2020-01-31-LATAM-to-leave-oneworld-effective-1-May-2020|title=Details {{!}} oneworld|website=oneworld.com|access-date=2020-02-14}}</ref>
===2020: COVID-19 related bankruptcy=== On 26 May 2020, LATAM filed for Chapter 11 bankruptcy in the United States due to economic problems attributed to the impact of the COVID-19 pandemic on aviation,<ref name="Bankruptcy">{{cite news|title=LATAM becomes largest airline driven to bankruptcy by coronavirus|url=https://www.reuters.com/article/us-latam-airlines-bankruptcy-idUSKBN2320GT|work=Reuters|date=26 May 2020|access-date=26 May 2020}}</ref> although they continued to operate while negotiating terms.<ref>{{Cite news|last=Laing|first=Fabian Cambero, Aislinn|date=2020-09-17|title=LATAM Airlines proposes new $2.45 billion financing deal to U.S. bankruptcy court|language=en|work=Reuters|url=https://www.reuters.com/article/latam-airlines-bankruptcy-idUSFWN2GE07B|access-date=2020-11-21}}</ref> To assist with the COVID-19 pandemic in Peru, the company announced that its subsidiary LATAM Perú would help distribute vaccines to fifteen provinces in Peru for free.<ref>{{Cite web|date=2020-12-10|title=LATAM trasladará de forma gratuita las vacunas COVID-19 en el Perú {{!}} ECONOMIA|url=https://peru21.pe/economia/latam-trasladara-de-forma-gratuita-las-vacunas-covid-19-en-el-peru-noticia/|access-date=2020-12-10|website=Peru21|language=es}}</ref> The company emerged from bankruptcy proceedings in 2022, coupled with a restructuring of the company.<ref>{{cite news |last1=Wolfsteller |first1=Pilar |title=LATAM Airlines swings to profit in Q4 of 'milestone year' |url=https://www.flightglobal.com/strategy/latam-airlines-swings-to-profit-in-q4-of-milestone-year/152429.article |access-date=20 January 2026 |publisher=Flight Global |date=10 March 2023}}</ref>
==Corporate affairs==
=== Business trends === The key trends for the LATAM Group are (as of the financial year ending 31 December):<ref>{{Cite web |title=LATAM Airlines Group S.A. - Results Center - Annual Reports |url=https://ir.latam.com/English/results-center/annual-reports/default.aspx |access-date= |website=ir.latam.com}}</ref> {| class="wikitable" style=text-align:center;" ! !Revenue<br>(US$ m) !Net profit<br>(US$ m) !Number of<br>employees !Number of<br>passengers<br>(m) !Passenger<br>load factor<br>(%) !Number of<br>served<br>countries{{Efn|passenger operations}} !Number of<br>destinations !Fleet<br>size !Cargo carried<br>(000 tons) !References |- | style="text-align:left;"|2012 |9,722 |24.3 |53,599 |64.9 |78.6 | |140 |327 |1,200 |<ref>{{Cite web |title=LATAM Annual Report 2012 |url=https://www.latamairlinesgroup.net/static-files/87aca1fc-f919-4f39-abcb-5161a2e2f091 |access-date=November 9, 2023 |website=LATAM |archive-date=3 December 2024 |archive-url=https://web.archive.org/web/20241203220036/https://www.latamairlinesgroup.net/static-files/87aca1fc-f919-4f39-abcb-5161a2e2f091 |url-status=dead }}</ref><ref name=":0">{{Cite web |title=LATAM Annual Report 2013 |url=https://www.latamairlinesgroup.net/static-files/c4b7aadc-31d9-4223-93cf-3736e175b073 |access-date=November 9, 2023 |website=LATAM |archive-date=9 November 2023 |archive-url=https://web.archive.org/web/20231109192347/https://www.latamairlinesgroup.net/static-files/c4b7aadc-31d9-4223-93cf-3736e175b073 |url-status=dead }}</ref> |- | style="text-align:left;"|2013 |13,266 |<span style="color:red;">−281</span> |52,997 |66.6 |80.8 | |145 |339
|1,171 |<ref name=":0" /> |- | style="text-align:left;"|2014 |12,471 |<span style="color:red;">−109</span> |53,072 |67.8 |83.4 | |155 |327 |1,102 |<ref>{{Cite web |title=LATAM Annual Report 2014 |url=https://www.latamairlinesgroup.net/static-files/e343aae0-bb15-466e-9810-76781600570c |access-date=November 9, 2023 |website=LATAM}}</ref> |- | style="text-align:left;"|2015 |10,125 |<span style="color:red;">−219</span> |50,413 |67.8 |83.1 |25 |150 |331 |1,009 |<ref>{{Cite web |title=LATAM Annual Report 2015 |url=https://www.latamairlinesgroup.net/static-files/99b412a0-b122-440e-8974-1cf0d0b0ea90 |access-date=November 9, 2023 |website=LATAM |archive-date=14 July 2024 |archive-url=https://web.archive.org/web/20240714011425/https://www.latamairlinesgroup.net/static-files/99b412a0-b122-440e-8974-1cf0d0b0ea90 |url-status=dead }}</ref> |- | style="text-align:left;"|2016 |9,527 |69.2 |45,916 |66.9 |84.2 |25 |145 |332 |944 |<ref>{{Cite web |title=LATAM Annual Report 2016 |url=https://www.latamairlinesgroup.net/static-files/b3cccd29-4374-4d11-9ce1-b8aca3828c6c |access-date=November 9, 2023 |website=LATAM |archive-date=30 November 2024 |archive-url=https://web.archive.org/web/20241130110655/https://www.latamairlinesgroup.net/static-files/b3cccd29-4374-4d11-9ce1-b8aca3828c6c |url-status=dead }}</ref> |- | style="text-align:left;"|2017 |10,163 |155 |43,095 |67.0 |84.8 |24 |140 |315 |896 |<ref>{{Cite web |title=LATAM Annual Report 2017 |url=https://www.latamairlinesgroup.net/system/files-encrypted/nasdaq_kms/assets/2018/04/25/10-32-18/ENG_V6_1204_FINAL.pdf |access-date=November 9, 2023 |website=LATAM |archive-date=6 April 2024 |archive-url=https://web.archive.org/web/20240406081759/https://www.latamairlinesgroup.net/system/files-encrypted/nasdaq_kms/assets/2018/04/25/10-32-18/ENG_V6_1204_FINAL.pdf |url-status=dead }}</ref> |- | style="text-align:left;"|2018 |10,368 |181 |41,170 |68.8 |83.1 |26 |135 |320 |921 |<ref>{{Cite web |title=Memoria Integrada 2018 |url=https://www.latamairlinesgroup.net/static-files/f9ee9426-46dd-4a39-aa3e-82d413e3cd4e |access-date=November 9, 2023 |website=LATAM |archive-date=4 May 2024 |archive-url=https://web.archive.org/web/20240504021858/https://www.latamairlinesgroup.net/static-files/f9ee9426-46dd-4a39-aa3e-82d413e3cd4e |url-status=dead }}</ref> |- | style="text-align:left;"|2019 |10,430 |190 |41,729 |74.2 |83.5 |26 |125 |342 |903 |<ref>{{Cite web |title=LATAM Integrated Report 2019 |url=https://www.latamairlinesgroup.net/static-files/94a2afb7-7f62-4743-84b0-28048a061d54 |access-date=November 9, 2023 |website=LATAM |archive-date=31 March 2024 |archive-url=https://web.archive.org/web/20240331013102/https://www.latamairlinesgroup.net/static-files/94a2afb7-7f62-4743-84b0-28048a061d54 |url-status=dead }}</ref> |- | style="text-align:left;"|2020 |4,334 |<span style="color:red;">−4,545</span> |28,396 |28.3 |76.5 |21 |100 |300 |785 |<ref>{{Cite web |title=LATAM Integrated Report 2020 |url=https://www.latamairlinesgroup.net/static-files/13b07ff4-2a10-4cfd-8d42-c67a58eb01a0 |access-date=November 9, 2023 |website=LATAM |archive-date=3 December 2024 |archive-url=https://web.archive.org/web/20241203153311/https://www.latamairlinesgroup.net/static-files/13b07ff4-2a10-4cfd-8d42-c67a58eb01a0 |url-status=dead }}</ref> |- | style="text-align:left;"|2021 |5,111 |<span style="color:red;">−4,647</span> |29,114 |40.2 |74.4 |18 |110 |310 |801 |<ref>{{Cite web |title=LATAM Integrated Report 2021 |url=https://www.latamairlinesgroup.net/static-files/6f50e8d6-4d1a-4157-a463-727482d52f07 |access-date=November 9, 2023 |website=LATAM}}</ref> |- |2022 |9,516 |1,339 |32,507 |62.0 |81.3 |22 |120 |310 |901 |<ref>{{Cite web |title=LATAM Integrated Report 2022 |url=https://www.latamairlinesgroup.net/static-files/3713f695-b961-440f-bf91-6842c3cd6fac |access-date=November 9, 2023 |website=LATAM |archive-date=19 February 2024 |archive-url=https://web.archive.org/web/20240219170817/https://www.latamairlinesgroup.net/static-files/3713f695-b961-440f-bf91-6842c3cd6fac |url-status=dead }}</ref> |- |2023 |11,789 |582 |35,568 |74.0 |83.1 |26 |130 |333 |946 |<ref>{{Cite web |title=LATAM Integrated Report 2023 |url=https://www.latamairlinesgroup.net/static-files/0a33cbbb-25f1-4afc-aba5-c452f2cfc067 |access-date=March 3, 2024 |website=LATAM}}</ref> |}
===Ownership=== {{As of|2025 |7|31}}, the company's major shareholders are<ref>{{Cite web |title=Ownership Structure {{!}} LATAM Airlines Group SA |url=https://latamairlines.gcs-web.com/ownership-structure |archive-url=https://web.archive.org/web/20240618131707/https://latamairlines.gcs-web.com/ownership-structure |archive-date=2024-06-18 |access-date=2025-10-04 |website=LATAM Airlines Group SA |language=en}}</ref>:
{| class="wikitable sortable" style="margin:auto;" |- ! Shareholder!! Interest |- | {{flagicon|United States}} Sixth Street Partners|| style="text-align:right;" | 20,1 % |- | {{flagicon|United States}} Strategic Value Partners || style="text-align:right;" | 11,5 % |- | {{flagicon|United States}} Delta Air Lines || style="text-align:right;"| 10.0% |- | {{flagicon|Qatar}} Qatar Airways || style="text-align:right;"| 10.0% |- | {{flagicon|Chile}} Cueto Group || style="text-align:right;" | 5.0% |- | Other investors || style="text-align:right;" | 38.3% |- ! || style="text-align:right;" | 100% |}
==Operations== [[File:LATAM Chile Boeing 787-9 Dreamliner CC-BGB.jpg|thumb|A LATAM Chile Boeing 787-9 Dreamliner at John F. Kennedy International Airport in July 2016.]] As of 31 December 2017, LATAM Airlines Group is one of the largest airline groups in the world in terms of network connections, with its subsidiaries operating a combined fleet of 315 aircraft providing passenger transport services to 137 destinations in 24 countries; and 18 aircraft providing cargo services to 144 destinations in 29 countries.<ref>{{cite web |url=http://www.latamairlinesgroup.net/phoenix.zhtml?c=81136&p=irol-reportsAnnual |title=LATAM – Annual Reports |website=latamairlinesgroup.net |access-date=15 January 2022 |archive-url=https://web.archive.org/web/20170710002308/http://www.latamairlinesgroup.net/phoenix.zhtml?c=81136&p=irol-reportsAnnual |archive-date=10 July 2017 |url-status=dead}}</ref>
LATAM's main hubs are Santiago de Chile's Arturo Merino Benítez International Airport; Jorge Chávez International Airport in Lima; São Paulo–Guarulhos International Airport; and El Dorado International Airport in Bogotá. The company is exploring the creation of a new hub in northeastern Brazil with the objective of expanding operations between Europe and South America.<ref>{{cite web|title=LATAM Airlines Group has to undergo a delicate balance of short term pain for strategic gain|url=http://centreforaviation.com/analysis/latam-airlines-group-has-to-undergo-a-delicate-balance-of-short-term-pain-for-strategic-gain-240165|website=centreforaviation.com |publisher=Centre for Aviation|access-date=4 September 2015}}</ref> Bogotá is the hub for the Caribbean.<ref>{{cite news|last1=Bohorquez Aya|first1=Edwin|title=América Latina le habla duro a|url=http://www.elespectador.com/noticias/economia/grupo-latam-le-habla-duro-avianca-articulo-571102|access-date=5 August 2015|publisher=El Espectador (Spanish)|date=7 July 2015}}</ref>
===Subsidiaries=== ====Current==== [[File:A320neo LATAM (30934637733).jpg|thumb|A LATAM Brasil Airbus A320neo at Salgado Filho International Airport in 2016.]] [[File:F-WZGU (PR-XTE 048) Airbus A350-941 Airbus Industrie (LATAM Airlines Brazil) TLS 16SEP16.jpg|thumb|A LATAM Brasil Airbus A350-900 at Toulouse Blagnac International Airport in 2016. This aircraft, along with all other A350s in LATAM Brasil's fleet, have since been phased out and fly for other airlines nowadays, mostly Delta and Edelweiss Air.]] The airlines majority- and minority-owned by LATAM Airlines Group through the primary airlines' various subsidiaries are as follows:
*LATAM Airlines Brasil *LATAM Airlines Chile *LATAM Airlines Colombia *LATAM Airlines Ecuador *LATAM Airlines Paraguay *LATAM Airlines Perú
====Former==== *LATAM Airlines Argentina — ceased operations in 2020.<ref>{{cite news |title=LATAM Airlines Argentina halts domestic cargo service |url=https://www.globalcargonews.com/latam-airlines-argentina-halts-domestic-cargo-service |access-date=2 July 2020 |publisher=Global Cargo News |date=18 June 2020 |archive-date=19 January 2021 |archive-url=https://web.archive.org/web/20210119064946/https://www.globalcargonews.com/latam-airlines-argentina-halts-domestic-cargo-service |url-status=dead }}</ref> *LATAM Cargo Mexico (39.5%) — sold its shares in 2018, renamed back to MasAir.<ref>{{cite web|title=LATAM Airlines concluye venta de participación en MASAir Cargo|date=3 December 2018|url=https://www.transponder1200.com/latam-airlines-concluye-venta-de-participacion-en-masair-cargo/|publisher=Transponder 1200|access-date=21 July 2019}}</ref>
=== Codeshare agreements === LATAM codeshares with the following airlines:<ref name="CAPA LATAM Chile profile">{{cite web|url=http://centreforaviation.com/profiles/airlines/lan-airlines-la|title=Profile on LAN Airlines|website=CAPA|publisher=Centre for Aviation|access-date=October 29, 2016|archive-url=https://web.archive.org/web/20161029182210/http://centreforaviation.com/profiles/airlines/lan-airlines-la|archive-date=October 29, 2016|url-status=live}}</ref>
{{div col}} * Aerolíneas Argentinas<ref>{{Cite web |title=Aerolineas Argentinas / LATAM Plans Codeshare Partnership in 1Q25 |url=https://www.aeroroutes.com/eng/250122-laarcodeshare |access-date=March 31, 2025 |website=AeroRoutes |language=en-CA}}</ref> * Aeroméxico * Air China * Airlink<ref>{{cite web | url=https://www.aeroroutes.com/eng/250325-la4zcodeshare | title=LATAM Expands Airlink Codeshare in NS25 }}</ref> * British Airways * Cathay Pacific * Delta Air Lines<ref>{{cite web|url=https://www.delta.com/us/en/airline-partners/latam/eng/241021-lamucodeshare|title=LATAM Partnership|website=delta.com|date=March 21, 2025}}</ref> * China Eastern Airlines<ref>{{cite web|url=https://www.aeroroutes.com/eng/241021-lamucodeshare|title=LATAM/China Eastern Airlines begins codeshare service from late-Oct 2024|website=aeroroutes.com|date=October 21, 2024}}</ref> * Finnair<ref>{{cite news|last1=Liu|first1=Jim|title=Finnair / LATAM begins codeshare service from Oct 2019|url=https://www.routesonline.com/news/38/airlineroute/286184/finnair-latam-begins-codeshare-service-from-oct-2019/|access-date=September 4, 2019|work=Routesonline|date=September 4, 2019}}</ref> * Iberia * Japan Airlines * Jetstar * Korean Air * Qantas<ref>{{cite web | url=https://www.aeroroutes.com/eng/250303-laqfcodeshare | title=LATAM Expands Qantas Codeshare in 1Q25 }}</ref> * Qatar Airways * WestJet<ref>{{cite web | url=https://www.aeroroutes.com/eng/250514-lawscodeshare | title=LATAM Expands WestJet Codeshare in NW25 }}</ref> {{div col end}}
=== Interline agreements === LATAM interlines with the following airlines: {{div col}} * Alaska Airlines<ref>{{cite web |title=Ouch: Alaska Cuts Partnerships With Singapore & LATAM Airlines |website=Thrifty Traveler |date=2 September 2025 |url=https://thriftytraveler.com/news/points/alaska-cuts-partnerships-with-singapore-latam-airlines/ |access-date=9 September 2025}}</ref> * Singapore Airlines {{div col end}}
=== Lounges === thumb|LATAM lounge in Santiago promoting the LAN-TAM merger LATAM Airlines operates lounges at the following airports:<ref>{{cite web |title=Comunicados de Prensa |url=http://www.lan.com/es_cl/sitio_personas/prensa/noticias-y-comunicados-de-prensa/comunicados-de-prensa/lan-y-tam-abren-5-nuevos-salones-vip-para-pasajeros-preferentes |url-status=dead |archive-url=https://web.archive.org/web/20140122070428/http://www.lan.com/es_cl/sitio_personas/prensa/noticias-y-comunicados-de-prensa/comunicados-de-prensa/lan-y-tam-abren-5-nuevos-salones-vip-para-pasajeros-preferentes |archive-date=January 22, 2014 |access-date=January 4, 2014 |publisher=LAN.com}}</ref>
* Mistral Lounge at Arturo Merino Benítez International Airport, in Santiago, Chile * Neruda Lounge at Arturo Merino Benítez International Airport, in Santiago, Chile * Ezeiza International Airport, in Buenos Aires, Argentina * El Dorado International Airport, in Bogotá, Colombia * Miami International Airport * São Paulo–Guarulhos International Airport * Jorge Chávez International Airport, in Lima, Peru
These lounges are accessible for passengers traveling in Premium Business, Business, and Premium Economy, as well as selected members of the LATAM Pass program who are Black or Platinum members.{{Citation needed|date=May 2026}}
The newly renovated LATAM lounges were designed by Chilean architects Mathias Klotz and Olivia Putman.{{Citation needed|date=May 2026}}
=== LATAM Pass === LATAM Pass is the airline's frequent flyer program to reward customer loyalty. There are currently over four million members. Members earn miles every time they fly with LATAM Chile, an affiliated airline, or by using the services of any LATAM Pass-associated business around the world.<ref>{{cite web |title=LANPASS – Vuelos a Chile, Perú, Argentina, Ecuador y Latinoamérica (Sudamérica) – LAN.com – Acerca de LANPASS |url=http://www.lan.com/es_cl/sitio_personas/lanpass/acerca-de-lanpass/que-es-lanpass/index.html |access-date=March 20, 2013 |publisher=LAN.com}}</ref>
The LATAM Pass program has five membership categories:<ref>{{cite web |title=Terms and Conditions of the LATAM Pass frequent flyer program |url=https://www.latam.com/en_un/latam-pass/about-the-program/terms-and-conditions/ |access-date=December 5, 2018}}</ref>
* Gold * Gold Plus * Platinum * Black * Black Signature
== Fleet == As of February 2026, LATAM Airlines Group owns and operates the following aircraft:<ref>{{cite web |title=LATAM Airlines Consolidated Fleet |url=https://www.latamairlinesgroup.net/static-files/6ce1a1f9-62ad-4dab-b9bb-4e03667934f4 |access-date=January 15, 2024 |website=LATAM Airlines Group}}</ref>{{Failed verification|date=May 2026}} {{More citations needed section|date=May 2026}} {| class="wikitable" style="border-collapse:collapse;text-align:center;margin:auto;" |+ LATAM Airlines Group Fleet |- ! rowspan="2" |Aircraft ! rowspan="2" style="width:60px;" |In service<br>{{Citation needed|date=May 2026}} ! rowspan="2" style="width:60px;" |Orders ! colspan="4" |Passengers ! rowspan="2" |Notes |- !<abbr title="Premium Business">J</abbr> !<abbr title="LATAM+">W</abbr> !<abbr title="Economy">Y</abbr> !Total |- |Airbus A319-100 |39 |— |– |– |144 |144 | |- | rowspan="4" |Airbus A320-200 | rowspan="4" |135 | rowspan="4" |— | rowspan="4" |– | rowspan="4" |– |168 |168 | rowspan="3" |Equipped with both CFM56 and IAE V2500 engines.{{Citation needed|date=May 2026}} <br> This is due to the merger between TAM (IAE) and LAN (CFM). |- |174 |174 |- |180 |180 |- |188 |188 |Former Viva Air Colombia aircraft.{{Citation needed|date=May 2026}} |- | rowspan="2" |Airbus A320neo | rowspan="2" |51 | rowspan="2" |26 | rowspan="2" |– | rowspan="2" |– |180 |180 | rowspan="2" | |- |174 |174 |- | rowspan="2" |Airbus A321-200 | rowspan="2" |49 | rowspan="2" |— | rowspan="2" |– | rowspan="2" |– |220 |220 | rowspan="2" | |- |224 |224 |- |Airbus A321neo |17 |48 |– |– |224 |224 |Deliveries commenced in October 2023.<ref>{{cite web |date=January 15, 2024 |title=LATAM Airlines takes delivery of its first A321neo, adds 13 more to orderbook |url=https://www.airbus.com/en/newsroom/press-releases/2023-10-latam-airlines-takes-delivery-of-its-first-a321neo-adds-13-more-to |website=Aviacionline.com}}</ref> |- |Airbus A321XLR |— |13 | colspan="4" |TBA |Deliveries start in 2025.<ref>{{cite web |date=21 July 2022 |title=LATAM orders 17 A321neo and gets 13 A321XLR |url=https://airinsight.com/latam-ordered-17-a321neo-and-endorsed-the-a321xlr/ |website=Air Insight}}</ref> |- | rowspan="3" |Boeing 767-300ER | rowspan="3" |9 | rowspan="3" |— | rowspan="3" |20 | rowspan="3" |– |211 |231 | |- |213 |233 | |- |218 |238 | |- |Boeing 777-300ER |10 |— |38 |50 |322 |410 |LATAM Brasil flights only.{{Citation needed|date=May 2026}} |- | rowspan="2" |{{nowrap|Boeing 787-8}} | rowspan="2" |10 | rowspan="2" |— |20 | rowspan="2" |– |252 |272 | rowspan="2" | |- |30 |217 |247 |- | rowspan="2" |Boeing 787-9 | rowspan="2" |28 | rowspan="2" |19 | rowspan="2" |30 |– |283 |313 | rowspan="2" |With 5 options. Deliveries until 2030.{{Citation needed|date=May 2026}} |- |57 |216 |303 |- |Embraer 195-E2 |— |24 | colspan="4" |<abbr title="To Be Announced">TBA</abbr> |Order with 50 options.<ref>{{Cite web |date=September 22, 2025 |title=Embraer: Grupo Latam assina acordo para aquisição de até 74 aeronaves E195-E2 |url=https://istoedinheiro.com.br/embraer-grupo-latam-assina-acordo-para-aquisicao-de-ate-74-aeronaves-e195-e2 |website=Istoé Dinheiro |language=pt}}</ref><br>Deliveries begin 2026.<ref>{{Cite web |date=September 22, 2025 |title=LATAM orders 24 Embraer E195-E2 jets, growing Brazil presence |url=https://www.reuters.com/business/aerospace-defense/embraer-gets-firm-order-24-e195-e2-jets-latam-2025-09-22/ |website=Reuters |language=en}}</ref> |- ! colspan="8" |LATAM Cargo fleet |- |Boeing 767-300F |7 |— | colspan="4" rowspan="2" ; |Cargo | |- |Boeing 767-300ER/BCF |13 |— | |- !Total !368 !135 ! colspan="5" | |}
==See also== *List of airline holding companies {{Portal|Chile|Aviation|Companies}}
==Notes== {{notelist}}
==References== {{reflist}}
==External links== *[https://www.latam.com LATAM Airlines]
{{LATAM Airlines Group}} {{IPSA companies}} {{authority control|state=expanded}}
{{DEFAULTSORT:Latam Airlines Group}} Category:LATAM Airlines Group Category:Airline holding companies Category:Airlines of Chile Category:Companies based in Santiago, Chile Category:Companies that filed for Chapter 11 bankruptcy in 2020 Category:Holding companies established in 2012 Category:Holding companies of Chile Category:Companies listed on the Santiago Stock Exchange Category:Latin American and Caribbean Air Transport Association Category:Multinational companies headquartered in Chile Category:LAN Airlines Category:Chilean companies established in 2012