type sociedad an nima traded as bcs lan nyse lfl industry aviation founded 2012 headquarters santiago chile key people mauricio rolim amaro chairman enrique cueto ceo products passenger flights lan airlines tam airlines etc. cargo activity aircraft maintenance services airline services revenue us 12.4 billion 2014 1 net income us 109.7 million 2014 1 number of employees 53 072 2014 1 subsidiaries latam brasil latam chile website www.latam.com combined destinations of lan and tam latam airlines group s.a. is a south american airline holding company incorporated under chilean law and headquartered in santiago chile . the group also has offices in s o paulo brazil with subsidiaries in argentina colombia ecuador paraguay and peru . 2 3 4 5 6 latam s major competitors on the south american continent are synergy group s avianca holdings copa airlines gol airlines and azul airlines . contents 1 history 1.1 merger 1.2 government approvals 1.3 rebranding 2 operations 3 ownership 4 subsidiary airlines of latam airlines group 5 see also 6 references 7 external links history edit merger edit chile s lan airlines and brazil s tam airlines signed a non binding agreement on 13 august 2010 a binding agreement on 19 january 2011 7 8 and papers to close the merger on 22 june 2012 with tam airlines shareholders agreeing to the takeover by lan airlines . 9 enrique cueto former ceo of lan is ceo of latam ; 10 mauricio rolim amaro formerly vice chairman of tam became latam chairman . 11 government approvals edit the agreement to establish latam was approved by chilean authorities on 21 september 2011 with 11 restrictions . these include transferring four landing slots at s o paulo guarulhos international airport to competitors interested in operating flights to santiago de chile s comodoro arturo merino ben tez international airport ; renouncing membership to either the oneworld or star alliance airline alliance ; restricting the increase in capacity on flights between brazil and chile ; and opening code share possibilities and fidelity program membership to interested competitors . 12 on 14 december 2011 brazilian authorities approved the agreement imposing similar restrictions as chilean authorities latam would have to choose an alliance by august 2012 ; and frequencies between s o paulo and santiago de 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 . 13 on 7 march 2013 latam announced its final decision to choose oneworld as its global airline alliance ; as a result tam left star alliance during the second quarter of fy2014 to join oneworld . 14 rebranding edit in august 2015 it was announced that all latam airline group airlines would fully rebrand as latam with one unified livery to be applied on all aircraft by 2018 . 15 16 the first of these aircraft were repainted or delivered new in a new latam livery in april 2016 . latam 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 planes 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 s o paulo and 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 . 17 operations edit as of mid 2016 latam airlines group is one of the largest airline groups in the world in terms of network connections with a fleet of 320 aircraft providing passenger transport services to 133 destinations in 23 countries and 15 aircraft providing cargo services to 149 destinations in 28 countries . 18 latam s main hubs are santiago de chile lima s o paulo gru and bogot . the company is exploring the creation of a new hub in northeastern brazil with the objective of expanding operations between europe and south america . 19 bogota was recently announced as the new hub for the caribbean . 20 ownership edit the company s shareholder structure as of march 31 is 21 shareholder percentage cueto group 25.0 % amaro group 12.0 % bethia group 6.0 % eblen group 7.0 % adrs 5.0 % bdrs 0.4 % afps 18.0 % foreign investors 10.0 % others 17.0 % subsidiary airlines of latam airlines group edit a latam airlines boeing 787 9 dreamliner in may 2016 . the airlines majority and minority owned by latam airlines group through the primary airlines various subsidiaries are as follows chile latam airlines argentina latam argentina brazil latam cargo brasil chile latam cargo chile chile latam express colombia latam colombia colombia latam cargo colombia ecuador latam ecuador mexico latam cargo mexico peru latam per brazil latam brasil brazil latam cargo brasil paraguay latam paraguay chile portal brazil portal aviation portal companies portal see also edit list of airline holding companies references edit a b c latam airlines group sa fy . google . retrieved 2011 05 26 . 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 . latam airlines group . retrieved on 25 january 2013 . contact pdte . riesco 5711 20th floor las condes santiago 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 a reas . 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 fus o de tam e lan com 11 condi es in portuguese . valor econ mico . retrieved 26 september 2011 . rodrigues eduardo ; froufe c lia 14 december 2011 . com restri es cade aprova fus o tam lan in portuguese . o estado de s. paulo . retrieved 15 december 2011 . http www.latamairlinesgroup.net phoenix.zhtml c 81136 & p irol newsarticlemedia & id 1793569 & highlight lan and tam to operate as 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 brand . usa today online . retrieved 31 august 2015 . about us . latam airlines group . retrieved 2014 01 25 . latam airlines group has to undergo a delicate balance of short term pain for strategic gain . http www.centreforaviation.com . centre for aviation . retrieved 4 september 2015 . external link in website help bohorquez aya edwin 7 july 2015 . am rica latina le habla duro a . el espectador spanish . retrieved 5 august 2015 . http www.latamairlinesgroup.net phoenix.zhtml c 81136 & p irol ownershipholders external links edit latam airlines v t e latam airlines group passenger airlines latam brasil latam chile latam argentina latam per latam ecuador latam express latam colombia latam paraguay cargo airlines latam cargo brasil latam cargo chile latam cargo colombia latam cargo mexico florida west international airways v t e ipsa companies of chile as of january 1 2015 aes gener guas andinas andina antarchile bci banco de chile banco santander chile banm dica besalco bupacl cap ccu cencosud cmpc coca cola embonor colb n concha y toro csav e cl embotelladora andina empresas copec endesa enersis entel falabella forus gasco grupo security iam ilc inversiones ita corpbanca latam airlines group parque arauco qui enco ripley salfacorp sigdo koppers sm chile sm saam sonda sqm retrieved from https en.wikipedia.org w index.php title latam airlines group & oldid 744272511 categories airline holding companiesairlines of brazilairlines of chilemergers and acquisitionsairlines established in 20122012 establishments in brazil2012 establishments in chilecompanies based in santiagoholding companies of chileholding companies of brazilcompanies listed on the s o paulo stock exchangecompanies listed on the new york stock exchangemultinational companies headquartered in chiletam airlineslan airlineslatam airlines grouphidden categories cs1 portuguese language sources pt cs1 errors external linksuse dmy dates from may 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages e tinadeutschespa ol fran ais lietuvi portugu s suomiti ng vi t edit links this page was last modified on 14 october 2016 at 05 59 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view