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LATAM
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] |
LATAM Paraguay
Transportes Aéreos del Mercosur S.A, d/b/a LATAM Airlines Paraguay (formerly known as TAM Paraguay and previously ''Líneas Aéreas Paraguayas'') is the flag carrier and the national airline of Paraguay with its headquarters in Asunción, Paraguay. Its flights operate from Silvio Pettirossi International Airport in Asunción. Its parent company is LATAM Airlines Group. History The airline was established on November 17, 1962 and started operations in 1963 as Líneas Aéreas Paraguayas. The airline then operated for a brief period between 1995 and 1996 as a subsidiary of the Ecuadorian airline SAETA under the name ''LAPSA Air Paraguay''. On September 1, 1996, Aerolíneas Paraguayas (a subsidiary of TAM Linhas Aéreas) purchased 80% of the majority shares of the airline, which by then both airlines were merged under the name TAM – Transportes Aéreos del Mercosur. It was then sold to TAM Linhas Aéreas later that year on October 6, which used two Fokker 100 jets to cover r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TAM Linhas Aéreas
LATAM Airlines Brasil, formerly TAM Linhas Aéreas, is the Brazilian brand of LATAM Airlines Group and one of the largest airlines in the country. According to the National Civil Aviation Agency of Brazil (ANAC), between January and December 2019, LATAM had 34.7% of the domestic, and 20.9% of the international market share in terms of passenger-kilometers flown, making it the second largest domestic and largest international airline in Brazil. Before the takeover, TAM was Brazil's and Latin America's largest airline. Its headquarters are in São Paulo, operating scheduled services to destinations within Brazil, as well as international flights to Europe and other parts of North and South America. Shares in the company were traded on the São Paulo Exchange (BM&F Bovespa) and New York Stock Exchange as "TAM". Prior to the merger with LAN, the company closed its capital, transferring its shares to LATAM Airlines Group. However, in August 2015, it was announced that the two airline ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LATAM Ecuador
Aerolane Líneas Aéreas Nacionales del Ecuador S.A. d/b/a LATAM Airlines Ecuador (formerly LAN Ecuador) is a subsidiary of LATAM Airlines Group, based in Quito, Ecuador. It is owned by Translloyd (55%) and LAN Airlines (45%). History LATAM Ecuador was established in July 2002 as ''LAN Ecuador'' and started operations on April 23, 2003 with two Boeing 767-300ERs operated by LAN Airlines. In 2007 the airline became a member of the Oneworld alliance as a subsidiary of LAN Airlines. On December 24, 2008, LAN Ecuador received approval to begin domestic operations, which were launched by April 6, 2009, with the Airbus A318. Destinations Codeshare agreements LATAM Ecuador codeshares with the following airlines: * Air Nostrum *Iberia The Iberian Peninsula (), ** * Aragonese and Occitan: ''Peninsula Iberica'' ** ** * french: Péninsule Ibérique * mwl, Península Eibérica * eu, Iberiar penintsula also known as Iberia, is a peninsula A peninsula (; ) is a la . ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LATAM Cargo Brasil
ABSA Aerolinhas Brasileiras S/A d/b/a LATAM Cargo Brasil (formerly TAM Cargo) is a cargo airline based in Campinas, Brazil. It operates scheduled services within Latin America and between Brazil and the United States as well as charter services. Its main base is Viracopos International Airport. It is a sister company of LATAM Cargo Chile and LATAM Cargo Colombia. History The airline was established and started operations on June 2, 1995 as ''Brasil Transair - Transportes Charter Turismo''. In November 2001, LAN Airlines acquired a majority stake of the company, which was then renamed ABSA Cargo Airline and integrated into the LAN Chile Group. ABSA Cargo put its first Boeing 767-300F into service in January 2002. It is owned by LAN Airlines (74%), Jochmann (13%) and TADEF (13%) and had 285 employees as of March 2007. On August 1, 2012, ABSA began trading as ''TAM Cargo'' after the absorption of TAM Linhas Aéreas by its parent LAN to form the LATAM Airlines Group. In May 2016 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LATAM Perú
LATAM Airlines Perú (formerly LAN Perú S.A.) is an airline based in Lima, Peru. It is a subsidiary of LATAM Airlines Group, which owns 49% of the airline and flag carrier of Peru. It operates scheduled domestic and international services. Its main hub is Jorge Chávez International Airport. LATAM Perú is the dominant airline in Peru, controlling 73.4% of the domestic market. History LAN Peru was established in July 1998 by LAN-Chile in Lima by the entrepreneurs Mr. Boris Hirmas Rubio, Lorenzo Sousa Debarbieri, Cristian Said and Dr Javier Rodriguez Larrain. Operations began on July 2, 1999 with domestic services from Jorge Chávez International Airport to Cusco and Arequipa. Its launch marked the reappearance of a major national airline in Peru after the demise of Aeroperú, Faucett Perú and others. An international service to Miami was added on November 15, 1999. The airline became a subsidiary of LAN Airlines in September 2002, owned by LAN (49%), ER Larraín (30%) a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LATAM Colombia
Aerovías de Integración Regional S.A. (Acronym: ''AIRES'', lit. ''airs''), d/b/a LATAM Airlines Colombia (formerly known as LAN Colombia) is a Colombian airline. It is the second-largest air carrier in Colombia after Avianca. It operates scheduled regional domestic passenger services, as well as a domestic cargo service. Its main hub is El Dorado International Airport in Bogotá. History The airline was founded on October 2, 1980, starting operations on February 23, 1981, with a few small planes, until they acquired some Embraer 110 Bandeirante and Fairchild F27. In 1990, the airline registered a 9% decrease in passenger transport. With the rise of competition with AeroRepública in November 1992, AIRES made small expansions, mostly adding service to the neighboring countries of Venezuela and Ecuador. In November 1998, the airline began its coverage in the Caribbean Region, opening a base of operations in Barranquilla, from where flights began to: Cartagena, Santa M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LATAM 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airline
An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in which they both offer and operate the same flight. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body. Airlines may be scheduled or charter operators. The first airline was the German airship company DELAG, founded on November 16, 1909. The four oldest non-airship airlines that still exist are the Netherlands' KLM (1919), Colombia's Avianca (1919), Australia's Qantas (1920) and the Czech Republic's Czech Airlines (1923). Airline ownership has seen a shift from mostly personal ownership until the 1930s to government-ownership of major airlines from the 1940s to 1980s and back to large-scale privatization following the mid-1980s. Since the 1980s, there has also been a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OTC Markets Group
OTC Markets Group (previously known as Pink Sheets) is an American financial market providing price and liquidity information for almost 10,000 over-the-counter (OTC) securities. The group has its headquarters in New York City. OTC-traded securities are organized into three markets to inform investors of opportunities and risks: OTCQX, OTCQB and Pink. History The company was first established in 1913 as the National Quotation Bureau (NQB). For decades, the NQB reported quotations for both stocks and bonds, publishing the quotations in the paper-based Pink Sheets and Yellow Sheets respectively. The publications were named for the color of paper on which they were printed. NQB was owned by CCH from 1963 to 1993. In September 1999, the NQB introduced the real-time Electronic Quotation Service. The National Quotation Bureau changed its name to Pink Sheets LLC in 2000 and subsequently to Pink OTC Markets in 2008. The company eventually changed to its current name, OTC Market ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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