Last $10.76 USD
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Volume 422.5K
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Company Description

Contact Info

Presidente Riesco 5711

20th Floor

Las Condes

Santiago,

Chile

Phone: 56 2 565 2525

Fax:

LATAM Airlines Group S.A. provides domestic and international passenger services in Chile, Peru, Ecuador, Argentina, Colombia, and Brazil. The company carries out its cargo operations through the use of belly space on its passenger flights and dedicated cargo operations using freighter aircraft through its cargo airlines in Chile, Brazil, Colombia and Mexico. As of January 31, 2014, the company serviced 16 destinations in Chile, 14 destinations in Peru, 6 destinations in Ecuador, 14 destinations in Argentina, 20 destinations in Colombia, 40 destinations in Brazil, 11 destinations in other Latin American countries and the Caribbean, 5 destinations in the United States, 5 destinations in Europe and 3 destinations in the South Pacific. In addition, as of January 31, 2014, through its various code-share agreements, the company offers service to 78 additional destinations in North America, 34 additional destinations in Europe, 33 additional destinations in Latin America and the Caribbean (including Mexico), 4 destinations in Africa and 7 destinations in Asia. The company provides cargo service to all its passenger destinations and to approximately 9 additional destinations served only by freighter aircraft. The company also offers other services, such as ground handling, courier, logistics, and maintenance. Passenger Operations As of December 31, 2013, the company’s passenger operations were performed through airlines in Chile, Brazil, Peru, Argentina, Colombia and Ecuador, where it operates both domestic and international services. As of January 31, 2014, in the passenger business the company operated through various main airlines, including Transporte Aéreo S.A. (which does business under the name LAN Express); LAN Perú S.A. (LAN Peru); Aerolane, Líneas Aéreas Nacionales del Ecuador S.A. (LAN Ecuador); LAN Argentina S.A. (LAN Argentina); Aerovías de Integración Regional, Aires S.A. (which does business under the name LAN Colombia); and TAM Linhas Aereas S.A. (TAM Linhas Aereas). International Passenger Operations The company’s international network combines its Chilean, Peruvian, Ecuadorian, Argentinean, Colombian and Brazilian subsidiaries. As of January 31, 2014, the company offered 24 international destinations. The company’s strategy to generally expand its international network is aimed at enhancing its value proposition by offering customers more destinations and routing alternatives, maximizing aircraft utilization, increasing load factors, leveraging complementary seasonal patterns, and optimizing its commercial efforts. The company provides long-haul services out of its seven main hubs in Santiago, Lima, Guayaquil, Buenos Aires, Bogota, Sao Paulo and Rio de Janeiro. The company also provides regional services from Chile, Peru, Ecuador, Argentina, Colombia, and Brazil. During 2013, the company received 2 additional Boeing 787-8 Dreamliners, ending the year with 5 aircraft of this model, out of an order of 32. The company has invested in new Boeing 787 Dreamliner aircraft. Chile The company’s Chilean international operations can be divided into four main segments based on destination: to North America, to Europe, to other countries in Latin America, and to the Pacific. Competition: As of January 31, 2014, the company’s main competitors on direct routes between Chile and North America included American Airlines Group, Delta Airlines, Avianca-Taca, Air Canada and Aeromexico. COPA also participated in the Chile-North American markets with stopovers in its Central American hub in Panama City. The company’s main competitors on routes between Chile and Europe were Air France-KLM and Iberia. On regional routes its main competitors included Aerolineas Argentinas, Air Canada, Avianca-Taca, and GOL. Peru The company’s Peruvian international operations can be divided into three main segments based on destination: to North America, to Europe and to other countries in Latin America. Competition: As of January 31, 2014, the company’s main competitors on direct routes between Peru and North America included American Airlines Group, United Airlines, Delta Airlines, Avianca-Taca, Aeromexico

 

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