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LA TAM Airlines
TAM Airlines
Group S.A. is a South American airline holding company incorporated under Chilean law and headquartered in Santiago, Chile[5][6] with subsidiaries in Argentina, Brazil, Colombia, Ecuador, Paraguay
Paraguay
and Peru.[7][8][9][10][11]

Contents

1 History

1.1 Merger 1.2 Government approvals 1.3 Rebranding

2 Ownership 3 Operations

3.1 Subsidiary airlines of LA TAM Airlines
TAM Airlines
Group

4 See also 5 References 6 External links

History[edit] Merger[edit] Chile's LAN Airlines and Brazil's TAM Airlines
TAM Airlines
signed a non-binding agreement on 13 August 2010, a binding agreement on 19 January 2011,[12][13] and papers to close the merger on 22 June 2012, with TAM Airlines shareholders agreeing to the takeover by LAN Airlines.[14] Enrique Cueto, former CEO of LAN, is CEO of LATAM;[15] Mauricio Rolim Amaro, formerly vice-chairman of TAM, became LATAM
LATAM
chairman.[16] Government approvals[edit] The agreement to establish LATAM
LATAM
was approved by Chilean authorities on 21 September 2011, with 11 restrictions. These include transferring four landing slots at São Paulo-Guarulhos International Airport
São Paulo-Guarulhos International Airport
to competitors interested in operating flights to Santiago
Santiago
de Chile's Comodoro Arturo Merino Benítez International Airport; renouncing membership to either the Oneworld
Oneworld
or Star Alliance
Star Alliance
airline alliance; restricting the increase in capacity on flights between Brazil
Brazil
and Chile; and opening code-share possibilities and fidelity program membership to interested competitors.[17] On 14 December 2011, Brazilian authorities approved the agreement, imposing similar restrictions as Chilean authorities: LATAM
LATAM
would have to choose an alliance by August 2012; and frequencies between São Paulo and Santiago
Santiago
de Chile
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.[18] On 7 March 2013, LATAM announced its final decision to choose Oneworld
Oneworld
as its global airline alliance; as a result TAM left Star Alliance
Star Alliance
during the second quarter of FY2014 to join Oneworld.[19] Rebranding[edit] In August 2015 it was announced that all LATAM
LATAM
Airline
Airline
Group airlines would fully rebrand as LATAM, with one unified livery to be applied on all aircraft by 2018.[20][21] The first of these aircraft were repainted (or delivered new) in a new LATAM
LATAM
livery in April 2016. LA TAM Airlines
TAM Airlines
Group is currently working on the rebranding process, which is expected to be completed by 2019. Changes are becoming gradually more evident in physical spaces, on aircraft, at business offices, airport service counters, web sites, uniforms among others. Some changes are already in place, mainly in passenger travel experiences, such as the new cabin interiors which have been incorporated into the fleet, new VIP lounges in São Paulo and Santiago
Santiago
currently open to the public and forming part of the largest network of frequent flyer lounges in the region, and digital platforms such as the onboard entertainment system for mobile devices.[22] Ownership[edit] The company's shareholder structure as of 30 September 2017 is:[23]

Shareholder Percentage

Cueto Group 27.9%

Administradoras de Fondos de Pensiones (AFP - Chilean Pension Funds) 21%

Qatar
Qatar
Airways 10%

Eblen Group 5.9%

Bethia Group 5.5%

American depositary receipts (ADR) 4.2%

Amaro Group 3%

Foreign investors 10.2%

Others 12.2%

Operations[edit]

A LATAM Chile
LATAM Chile
Boeing 787-9 Dreamliner at John F. Kennedy International Airport in July 2016.

As of December 2016, LA TAM Airlines
TAM 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 319 aircraft providing passenger transport services to 133 destinations in 23 countries; and 15 aircraft providing cargo services to 149 destinations in 28 countries.[24] LATAM’s main hubs are Santiago
Santiago
de Chile's Comodoro Arturo Merino Benítez International Airport, Jorge Chávez International Airport
Jorge Chávez International Airport
in Lima, São Paulo–Guarulhos International Airport
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
Brazil
with the objective of expanding operations between Europe and South America.[25] Bogota was recently announced as the new hub for the Caribbean.[26] Subsidiary airlines of LA TAM Airlines
TAM Airlines
Group[edit]

A LATAM Brasil
LATAM Brasil
Airbus A320neo
Airbus A320neo
at Salgado Filho International Airport in 2016.

A LATAM Brasil
LATAM Brasil
Airbus A350-900 at Toulouse Blagnac International Airport in 2016.

The airlines majority- and minority-owned by LA TAM Airlines
TAM Airlines
Group through the primary airlines' various subsidiaries are as follows:

Chile: LATAM
LATAM
Chile

Argentina: LATAM
LATAM
Argentina Chile: LATAM
LATAM
Cargo Chile Chile: LATAM
LATAM
Express Colombia: LATAM
LATAM
Colombia Colombia: LATAM
LATAM
Cargo Colombia Ecuador: LATAM
LATAM
Ecuador Mexico: LATAM
LATAM
Cargo Mexico Peru: LATAM
LATAM
Perú

Brazil: LATAM
LATAM
Brasil

Brazil: LATAM
LATAM
Cargo Brasil Paraguay: LATAM
LATAM
Paraguay

See also[edit]

List of airline holding companies

Chile
Chile
portal Brazil
Brazil
portal Aviation
Aviation
portal Companies portal

References[edit]

^ https://www.bloomberg.com/profiles/companies/LTM:CI-latam-airlines-group-sa ^ http://brandz.com/admin/uploads/files/BrandZ_LatAm_2017_Download.pdf ^ " LATAM
LATAM
- Board of Directors". latamairlinesgroup.net. Retrieved 15 May 2017.  ^ a b c "LA TAM Airlines
TAM Airlines
Group SA FY". Google. Retrieved 2011-05-26.  ^ https://www.bloomberg.com/profiles/companies/LTM:CI-latam-airlines-group-sa ^ http://brandz.com/admin/uploads/files/BrandZ_LatAm_2017_Download.pdf ^ Webber, Jude; Lemer, Jeremy (15 August 2010), "LatAm airlines join consolidation trend", Financial Times, retrieved 16 August 2010  ^ Sobie, Brendan (13 August 2010), "LAN and TAM to merge", Flight International, retrieved 14 August 2011  ^ "Contact." LA TAM Airlines
TAM Airlines
Group. Retrieved on 25 January 2013. "Contact Pdte. Riesco 5711, 20th floor Las Condes Santiago, Chile
Chile
" ^ http://i.imgur.com/IvRaefc.jpg ^ http://www.melhoresdestinos.com.br/wp-content/uploads/2015/08/logo_timeline_1024.jpg ^ "TAM and LAN announce binding agreement". TAM Linhas Aéreas. 19 January 2011. Retrieved 14 August 2011.  ^ "LAN says signs non-binding deal with TAM to merge". Reuters. 13 August 2010. Retrieved 13 August 2010.  ^ "BBC News - Chile's Lan and Brazil's Tam merge to create huge airline". Bbc.co.uk. 1970-01-01. Retrieved 2012-06-23.  ^ "Enrique Cueto to be CEO of new LAN-TAM parent". Flight International. 13 August 2010. Retrieved 14 August 2011.  ^ "LAN and TAM aim to complete merger by mid 2011". Flight Global. 14 August 2010. Retrieved 14 August 2011.  ^ Seabra, Luciana (21 September 2011). "Tribunal chileno aprova fusão de TAM e LAN com 11 condições" (in Portuguese). Valor Econômico. Retrieved 26 September 2011.  ^ Rodrigues, Eduardo; Froufe, Célia (14 December 2011). "Com restrições, CADE aprova fusão TAM/Lan" (in Portuguese). O Estado de S. Paulo. Retrieved 15 December 2011.  ^ " LATAM
LATAM
- News Release". www.latamairlinesgroup.net. Retrieved 15 May 2017.  ^ "LAN and TAM to operate as LATAM
LATAM
with a new livery" retrieved 9 August 2015 ^ "LATAM's entire fleet to have new livery by 2018" retrieved 9 August 2015 ^ Mutzabaugh, Ben (7 August 2015). "So long, LAN and TAM; Airlines will soon fly under LATAM
LATAM
brand". USA Today Online. Retrieved 31 August 2015.  ^ "Ownership Structure of LATAM". LA TAM Airlines
TAM Airlines
Group. 31 March 2017. Retrieved 20 June 2017.  ^ "About Us". Latam Airlines Group. Retrieved 2014-01-25.  ^ "LA TAM Airlines
TAM Airlines
Group has to undergo a delicate balance of short term pain for strategic gain". www.centreforaviation.com. Centre for Aviation. Retrieved 4 September 2015.  ^ Bohorquez Aya, Edwin (7 July 2015). "América Latina le habla duro a". El Espectador (Spanish). Retrieved 5 August 2015. 

External links[edit]

LA TAM Airlines
TAM Airlines
n

v t e

LA TAM Airlines
TAM Airlines
Group

Passenger airlines

LATAM
LATAM
Brasil LATAM
LATAM
Chile LATAM
LATAM
Argentina LATAM
LATAM
Perú LATAM
LATAM
Ecuador LATAM
LATAM
Express LATAM
LATAM
Colombia LATAM
LATAM
Paraguay

Cargo airlines

LATAM
LATAM
Cargo Brasil LATAM
LATAM
Cargo Chile LATAM
LATAM
Cargo Colombia LATAM
LATAM
Cargo Mexico

v t e

IPSA companies of Chile
Chile
(as of January 1, 2015)

AES Gener Águas Andinas Antarchile BCI Banco de Chile Banco Santander-Chile Banmédica CAP CCU Cencosud CMPC Coca-Cola Embonor Colbún Concha y Toro CSAV.. Embotelladora Andina Empresas Copec Enel Américas Enel Generación Chile Engie Chile Falabella Forus Gasco Grupo Security IAM ILC Inversiones Itaú CorpBanca LA TAM Airlines
TAM Airlines
Group Parque Arauco Quiñenco Ripley SalfaCorp Sigdo Koppers SM-Chile SM SA

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