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LAN Chile
LATAM Airlines Chile (formerly LAN Airlines and LAN-Chile) is an airline based in Santiago, Chile, one of the founders of LATAM Airlines Group, Latin America's largest airline holding company. The main hub is Arturo Merino Benítez International Airport in Santiago, with secondary hubs in Bogotá, Guayaquil, Lima and Quito airports. LAN was the flag carrier of Chile until its privatization in the 1990s, is the predominant airline in Chile, Ecuador and Peru, and the second-largest carrier in Colombia, through its local subsidiaries. LAN is the largest airline in Latin America, serving Latin America, Northern America, the Caribbean, Oceania, Asia, and Europe. The carrier was a member of the Oneworld airline alliance from 2000 to 2020. LATAM Airlines Group was formed after the takeover by LAN and Brazilian TAM Linhas Aéreas, which was completed on June 22, 2012. In August 2015, it was announced that the two airlines would fully rebrand as LATAM, with one livery to be applied on al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LATAM Airlines Group
LATAM Airlines Group S.A. is an 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 unlisted 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 and papers to close the merger on 22 June 2012, with TAM Linhas Aéreas' shareholders agr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
