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LATAM Airlines (LFL) Company Profile

Updated Jun 3, 2019
LATAM Airlines has the following business profile:
Company's Full Name:LATAM Airlines Group S.A.
Short Name:LATAM Airlines
Trading Ticker Symbol:LFL
Primary Exchange:NYSE
Headquarter City/Country:Renca, Chile
Primary Industry Sector:Transportation
Seconday Sub-sector:Air Freight Delivery Services
Main Business Areas: Transportation, Air Freight Delivery Services, Air Freight
Dividend Payments:Dividend History

Market and Trading Information for LATAM Airlines

The following details were available for trading and market data about the stock of LATAM Airlines as of writing:
Current Share Price:$0
Previous Year's Closing Price:$12.47
Percentage Price Change (YTD):-100%
Market Cap:$0 million
52-week Price Range:$0 - $0
Dividend Per Share:$0
EPS (TTM):0
Price-Earnings (Trailing):0
Price-Earnings (Forward):0

Company Profile and Business Description for LATAM Airlines

LATAM Airlines Group S.A., incorporated on August 20, 1985, is a Chile-based air transport company. The Company's principal business is passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries. In addition, the Company has subsidiaries operating in the freight business in Mexico, Brazil and Colombia. The Company operates through two segments: the air transportation business, and the coalition and loyalty program Multiplus. The Company's Air transport segment corresponds to the route network for air transport. The Company's segment of loyalty coalition called Multiplus is a frequent flyer programs, which operate as a unilateral system of loyalty that offers a flexible coalition system. As of December 31, 2016, the Company operated a fleet of over 329 aircraft. The Company's passenger aircraft include Airbus A319-100, Airbus A320-200, Airbus A321-200, Airbus A320-200neo, Airbus A350-900, Boeing 767-300ER, Boeing 787-8, Boeing 787-9 and Boeing 777-300ER. The Company operates narrow body, wide body and freighter aircraft.

As of December 31, 2017, the Company served over 27 international destinations in over 18 countries. The Company's passenger operations include both regional flights in South America and the Caribbean and long haul flights connecting the region with the rest of the world. Its Cargo division operates internationally and domestically through its affiliates under the unified LATAM Cargo brand. As of December 31, 2016, it included approximately 138 destinations, of which approximately 127 were served by passenger and/or freighter aircraft and approximately 11 were served only by freighter aircraft.

LATAM Pass members earn LATAM Pass kilometers in their accounts based on distance flown, class of ticket purchased and their status level, as well as by purchasing the services of other partners in the LATAM Pass program. Its customers can redeem kilometers for free tickets, as well as for other products in an online catalogue. Its passengers were grouped into four elite levels based on their flying behavior: Gold, Platinum, Black and Black Signature, as of December 31, 2016. LATAM Fidelidade is a loyalty program, which imposes no restrictions on flight availability or on the number of seats available when members redeem accumulated points.

The Company's maintenance base is located at Comodoro Arturo Merino Benitez International Airport. The facility contained the Company's aircraft hangar, warehouses, workshops and offices, as well as aircraft parking area capable of accommodating approximately 17 short-haul aircrafts, as of December 31, 2016. The Company's facilities in Miami included corporate building of 380,000 square meters, a cargo warehouse (including meter cooling area of over 116,670 square meters) and aircraft-parking platform of over 783,000 square meters, as of December 31, 2016. The Company owns a flight-training center on the side of the Comodoro Arturo Merino Benitez International Airport.

The Company competes with American Airlines, United Airlines, Delta Air Lines, Azul Linhas Aereas, Air Canada, Aeromexico, Copa, Gol, Avianca, Aerolineas Argentinas, TAP Portugal, Air France-KLM, Lufthansa, Alitalia, Iberia, British Airways, Sky, Qantas Airways, Sky Airlines, Air Europa, JetBlue Airways, VivaColombia, Tame and Avior Airlines.

Av. Americo Vespucio 901

Peer / Competitor Companies of Air Freight Delivery Services Sector

Along with LATAM Airlines Group S.A., the following other peer (competitor) companies also exist within the same Air Freight Delivery Services - Transportation sector whose company profile and dividend history is as follows:

▶ Air T (AIRT): Air T, Inc., incorporated on November 17, 1980, is a holding company. The Company operates through five segments: overnight air cargo, ground equipment sales, ground support services, printing equipment and ....See Detailed Company Profile  and Dividend History.

▶ Air Transport (ATSG): Air Transport Services Group, Inc. (ATSG), incorporated on September 5, 2007, is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to ....See Detailed Company Profile  and Dividend History.

▶ Alaska Air (ALK): Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It has a netwo....See Detailed Company Profile  and Dividend History.

▶ Allegiant Travel (ALGT): Allegiant Travel Company, a leisure travel company, focuses on the provision of travel services and products to residents of under-served cities in the United States. The company offers scheduled air ....See Detailed Company Profile  and Dividend History.

▶ American Airlines (AAL): American Airlines Group Inc., incorporated on February 16, 1982, is a holding company. The Companys primary business activity is the operation of a network air carrier, providing scheduled air transportation ....See Detailed Company Profile  and Dividend History.

▶ Avianca (AVH): Avianca Holdings SA is a Panama-based company engaged, through its subsidiaries, in the provision of air transportation services for passengers and commercial purposes. The Company was originally established as a ....See Detailed Company Profile  and Dividend History.

▶ China Eastern Airlines (CEA): China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People's Republic of China and internationally. The company offers passenger,....See Detailed Company Profile  and Dividend History.

▶ China Southern Airlines (ZNH): China Southern Airlines Company Limited, incorporated on March 25, 1995, is engaged in airline operations. The Company also operates certain airline related businesses, including provision of aircraft maintenance and air ....See Detailed Company Profile  and Dividend History.

▶ Controladora Vuela (VLRS): Controladora Vuela Compania de Aviacion SAB de CV (Volaris Aviation Holding Company) is a Mexico-based company principally engaged in the airline passenger transportation industry. The Company is a law-cost carrier ....See Detailed Company Profile  and Dividend History.

▶ Copa (CPA): Copa Holdings, S.A., incorporated on May 6, 1998, is a provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. A. (Copa Airlines) ....See Detailed Company Profile  and Dividend History.

▶ Delta Air Lines (DAL): Delta Air Lines, Inc., incorporated on March 16, 1967, provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The Companys segments include Airline ....See Detailed Company Profile  and Dividend History.

▶ FedEx (FDX): FedEx Corporation (FedEx), incorporated on October 2, 1997, provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. ....See Detailed Company Profile  and Dividend History.

▶ Gol Linhas Aereas (GOL): GOL Linhas AĆ©reas Inteligentes S.A. provides scheduled air transportation services for passengers cargoes, and mailbags in Brazil and internationally. The company operates through Flight Transportati....See Detailed Company Profile  and Dividend History.

▶ Hawaiian (HA): Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo. The company offers daily services on North America routes....See Detailed Company Profile  and Dividend History.

▶ JetBlue Airways (JBLU): JetBlue Airways Corporation, incorporated on August 24, 1998, is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. The Companys ....See Detailed Company Profile  and Dividend History.

▶ Ryanair (RYAAY): Ryanair Holdings plc (Ryanair Holdings), incorporated on June 5, 1996, is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between ....See Detailed Company Profile  and Dividend History.

▶ SkyWest (SKYW): SkyWest, Inc., incorporated on March 2, 1972, through its subsidiaries, SkyWest Airlines, Inc. (SkyWest Airlines) and ExpressJet Airlines, Inc. (ExpressJet), operates regional airline operations in the United States. The Companys ....See Detailed Company Profile  and Dividend History.

▶ Southwest Airlines (LUV): Southwest Airlines Co. (Southwest), incorporated on March 9, 1967, operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. Southwest provides point-to-point ....See Detailed Company Profile  and Dividend History.

▶ Spirit Airlines (SAVE): Spirit Airlines, Inc., incorporated on March 8, 1994, is an airline company. The Company provides air transportation for passengers. As of December 31, 2016, the Companys all-Airbus Fit Fleet operated ....See Detailed Company Profile  and Dividend History.

▶ United Continental (UAL): United Continental Holdings, Inc. (UAL), incorporated on December 30, 1968, is a holding company and its principal subsidiary is United Air Lines, Inc. (United). The Company transports people and cargo ....See Detailed Company Profile  and Dividend History.

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