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LATAM Airlines Group SA engages in the provision of passenger air transportation and cargo services. It operates through the Air Transportation Business and Coalition and Loyalty Program Multiplus segments. Read More The Air Transportation Business segment corresponds to the route network for air transport. The Coalition and Loyalty Program Multiplus segment offers a coalition system, interrelated among its members, along with being a government entity with a separately business and not directly related to air transport. The company was founded in 1929 and is headquartered in Las Condes, Chile.
Las Condes, Santiago (Metropolitana)
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Yahoo FinanceMar 18
LATAM Airlines' (LTM) Load Factor Decreases in February
LATAM Airlines Group S.A. LTM reported mixed traffic figures for February. Although traffic increased substantially on strong travel demand, load factor declined as capacity expansion surpassed traffic growth. Consolidated traffic (measured in revenue passenger kilometers or RPKs) came in at 10.12 billion, up 4.9% from the year-ago figure. On a year-over-year basis, consolidated capacity (or available seat miles/ASMs) rose 6.5% to 12.03 billion. However, consolidated load factor (percentage of seats f...
Yahoo FinanceMar 13
LATAM Airlines Group: Reports preliminary monthly statistics for February 2019
Santiago, Chile, March 13, 2019- LATAM Airlines Group S.A. and its subsidiaries, ("LATAM Airlines Group" or "the Company") (NYSE: LTM / IPSA: LTM), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for February 2019 compared with the same period of 2018. System passenger traffic increased 4.9%, while capacity rose by 6.5%. As a result, the Company`s load factor for the month fell 1.2 percentage points to 84.1%. International passenger traffic accounted fo...
With new decree, LATAM Airlines Brazil officially passes to Chilean hands
SAO PAULO, Feb 19 (Reuters) - Chile’s LATAM Airlines Group SA has asked Brazil’s antitrust regulator Cade to boost its voting stake in LATAM Airlines Brazil to 51 percent, formalizing a controlling interest in Brazil’s No. 2 airline that for years it was unable to achieve because of local restrictions.
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