LATAM Airlines Group
Encyclopedia
LATAM Airlines Group, or LATAM, is a new airline group formed by the merger of LAN Airlines
and TAM Airlines. The two airlines plan to continue flying with separate brands in the short term, but expect substantial synergies from merging their operations. The merger is expected to be complete by mid-2011. Enrique Cueto, the current CEO of LAN, has been announced as the CEO of the new company; Mauricio Rolim Amaro, currently vice-chairman of TAM, would become chairman of LATAM.
The two airlines signed a non-binding agreement on 13 August 2010, and a binding agreement, was signed on 19th of January 2011.
Their main competitors upon the South American continent will be Synergy Group
's Avianca-TACA conglomerate of airline companies. Unlike the Oneworld
(of which LAN is a member), Star Alliance
(of which TAM is a member) and SkyTeam
airline alliance
s, this link-up is under the direction of one unified and merged business enterprise rather than an association of separately owned and managed airline firms with similar business goals open to the inclusion of new members.
, renouncing membership to either Oneworld
or Star Alliance
, restricting increase capacity on flights between Brazil and Chile, and opening code-share possibilities and fidelity program membership to interested competitors. Brazilian authorities are still analyzing the agreement. In relation to other countries served by both airlines, Germany, Spain, and the United States have approved, and Argentina is still analyzing the agreement.
LAN Airlines
LAN Airlines S.A. is an airline based in Santiago, Chile. LAN is currently positioned amongst the largest airlines in Latin America, serving Latin America, United States, the Caribbean, Oceania, and Europe. It is a member of the Oneworld airline alliance...
and TAM Airlines. The two airlines plan to continue flying with separate brands in the short term, but expect substantial synergies from merging their operations. The merger is expected to be complete by mid-2011. Enrique Cueto, the current CEO of LAN, has been announced as the CEO of the new company; Mauricio Rolim Amaro, currently vice-chairman of TAM, would become chairman of LATAM.
The two airlines signed a non-binding agreement on 13 August 2010, and a binding agreement, was signed on 19th of January 2011.
Their main competitors upon the South American continent will be Synergy Group
Synergy Group
Synergy Group is a South American conglomerate owned by Bolivian-born Germán Efromovich, an entrepreneur holding dual citizenship of Colombia and Brazil. The group its headquartered in Rio de Janeiro, Brazil....
's Avianca-TACA conglomerate of airline companies. Unlike the Oneworld
Oneworld
Oneworld , branded as oneworld, is one of the world's three largest global airline alliances with its central management team, oneworld Management Company, based in New York City, New York, USA. Oneworld was founded in 1999 by American Airlines, British Airways, Canadian Airlines, Cathay Pacific...
(of which LAN is a member), Star Alliance
Star Alliance
Star Alliance is the world's first and largest airline alliance, headquartered in Frankfurt am Main, Germany . The alliance was founded in 1997 by five of the world's leading airlines: Air Canada, Lufthansa, Scandinavian Airlines, Thai Airways International and United Airlines...
(of which TAM is a member) and SkyTeam
SkyTeam
SkyTeam, branded as SKYTEAM, is an airline alliance with its centralised management team, SkyTeam Central, based at the World Trade Center Schiphol Airport on the grounds of Amsterdam Airport Schiphol in Haarlemmermeer, Netherlands...
airline alliance
Airline alliance
An airline alliance is an agreement between two or more airlines to cooperate on a substantial level. The three largest passenger alliances are the Star Alliance, SkyTeam and Oneworld. Alliances also form between cargo airlines, such as that of WOW Alliance, SkyTeam Cargo and ANA/UPS Alliance...
s, this link-up is under the direction of one unified and merged business enterprise rather than an association of separately owned and managed airline firms with similar business goals open to the inclusion of new members.
Governments' approval
Latam agreement was approved with 11 restrictions by Chilean authorities on September 21, 2011. These include transferring 4 pairs of slots at São Paulo-Guarulhos to competitors interested in operating flights to Santiago de ChileComodoro Arturo Merino Benítez International Airport
Comodoro Arturo Merino Benítez International Airport , also known as Pudahuel Airport and Santiago International Airport, located in Pudahuel, north-west of downtown Santiago, is Chile's largest aviation facility and the busiest international air passenger gateway to the country...
, renouncing membership to either Oneworld
Oneworld
Oneworld , branded as oneworld, is one of the world's three largest global airline alliances with its central management team, oneworld Management Company, based in New York City, New York, USA. Oneworld was founded in 1999 by American Airlines, British Airways, Canadian Airlines, Cathay Pacific...
or Star Alliance
Star Alliance
Star Alliance is the world's first and largest airline alliance, headquartered in Frankfurt am Main, Germany . The alliance was founded in 1997 by five of the world's leading airlines: Air Canada, Lufthansa, Scandinavian Airlines, Thai Airways International and United Airlines...
, restricting increase capacity on flights between Brazil and Chile, and opening code-share possibilities and fidelity program membership to interested competitors. Brazilian authorities are still analyzing the agreement. In relation to other countries served by both airlines, Germany, Spain, and the United States have approved, and Argentina is still analyzing the agreement.
Fleet
In August 2010, LAN and TAM said they had a combined fleet of over 240 aircraft, with more than 220 additional aircraft currently on order. Synergies are expected to lead to network expansion rather than reduced orders.| Aircraft | Total | Orders | Passengers |
|---|---|---|---|
| Airbus A318-100 | 15 | 0 | 126Y |
| Airbus A319-100 | 46 | 30 | 144Y |
| Airbus A320-200 | 102 | 76 | 168Y |
| Airbus A321-200 | 8 | 20 | 220Y |
| Airbus A330-200 | 20 | 2 | 223 (4/36/183) |
| Airbus A340-300 | 5 | 0 | 260 (42/218) |
| Airbus A340-500 | 2 | 0 | 267 (42/225) |
| Airbus A350-800 | 0 | 10 | |
| Airbus A350-900 | 0 | 17 | |
| Boeing 767-300ER | 38 | 7 | 221 (30/191) |
| Boeing 777-300ER | 4 | 4 | 362 (4/56/302) |
| Boeing 787-8 | 0 | 22 | 247 (30/217) |
| Boeing 787-9 | 0 | 10 | |
| Cargo | |||
| Boeing 767-300ERF | 9 | 1 | Cargo |
| Boeing 777F | 2 | 1 | Cargo |
| Total | 241 | 198 | |
List of Subsidiary Airlines of LATAM Group
List of Airlines majority and minority owned by LATAM Group through the primary airlines various subsidiaries are:.- LAN AirlinesLAN AirlinesLAN Airlines S.A. is an airline based in Santiago, Chile. LAN is currently positioned amongst the largest airlines in Latin America, serving Latin America, United States, the Caribbean, Oceania, and Europe. It is a member of the Oneworld airline alliance...
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Argentina: LAN ArgentinaLAN ArgentinaLAN Argentina is an airline based in Buenos Aires, Argentina. It is an affiliate of LAN Airlines and operates scheduled domestic services from Buenos Aires to Bariloche, Córdoba, Comodoro Rivadavia, El Calafate, Mendoza, Puerto Iguazú, Neuquén, Río Gallegos, Salta, San Juan, Tucumán and Ushuaia, ... -
Chile: LAN Cargo -
Ecuador: LAN EcuadorLAN EcuadorLAN Ecuador is a subsidiary of LAN Airlines, based in Guayaquil, Ecuador. It operates scheduled passenger services out of Guayaquil and to a lesser extent Quito using leased LAN aircraft.-History:LAN Ecuador was established in July 2002 and started operations on 28 April 2003... - Chile: LAN ExpressLAN ExpressLANexpress is an airline based in Santiago, Chile. It is Chile's second airline, as a subsidiary of LAN Airlines, and operates some and a few international routes for its parent. The brand was merged into LAN Airlines in 2004, but LAN Airlines still operate some domestic flights using the code of...
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Peru: LAN PerúLAN PeruLAN Perú S.A. is an airline based in Lima, Peru. It is a subsidiary of Chilean publicly-traded company LAN Airlines , which owns 49% of the airline. It operates scheduled domestic and international services. Its main base is on the grounds of Jorge Chávez International Airport... -
Brazil: ABSA Cargo Airline -
Colombia: AiresAIRESAerovías de Integración Regional S.A. is a low-cost airline headquartered in the AIRES Hangar in Bogotá, Colombia. It operates scheduled regional domestic and international services, as well as a domestic cargo service... - Colombia: LANCOLANCOLínea Aérea Carguera de Colombia S.A. LANCO is a cargo airline based in Bogotá. Its main base is El Dorado International Airport.- Destinations :LANCO serves the following as of May 2009:North America*Miami - Miami International AirportSouth America...
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Mexico: MasAirMasAirAerotransportes Mas de Carga, S.A. de C.V., operating as MasAir, is a cargo airline based in Mexico City, Mexico. It operates scheduled cargo services in Mexico and to the USA, Brazil, Ecuador and Colombia...
: TAM Airlines -
Paraguay: TAM Airlines (Paraguay) - Brazil: TAM CargoTAM CargoTAM Cargo is a cargo and shipping service operated by TAM Airlines of Brazil.-Accidents and incidents:* July 17, 2007: TAM Airlines Flight 3054 flew into the Congonhas Airport TAM Cargo facility, killing all of the passengers on the Airbus A320 and several people in the building-External links:*...
- Brazil: Pantanal Linhas AéreasPantanal Linhas AereasPantanal Linhas Aéreas S.A. is an airline based in São Paulo, Brazil and controlled by TAM Airlines. It is a regional airline serving 19 destinations mainly in the southeast region of Brazil...
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See also
- LAN AirlinesLAN AirlinesLAN Airlines S.A. is an airline based in Santiago, Chile. LAN is currently positioned amongst the largest airlines in Latin America, serving Latin America, United States, the Caribbean, Oceania, and Europe. It is a member of the Oneworld airline alliance...
- TAM Airlines
- List of airline holding companies