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LATAM Airlines Chile, formerly known as LAN Chile and LAN Airlines, is a Chilean multinational airline based in Santiago and one of the founding companies of the LATAM Airlines Group, the largest airline holding company in Latin America.
LATAM Airlines Group S.A. is a Chilean multinational airline holding company headquartered in Santiago, Chile. [ 1 ] [ 2 ] It is considered the largest airline company in Latin America [ 5 ] [ 6 ] with subsidiaries in Brazil , Colombia , Ecuador , Paraguay and Peru .
LATAM Airlines Perú (formerly LAN Perú S.A.) is an airline based in Lima, Peru. [1] It is a subsidiary of LATAM Airlines Group, which owns 49% of the airline. It operates scheduled domestic and international services. Its main hub is Jorge Chávez International Airport. [2]
On August 13, 2010, TAM signed a non-binding agreement with Chilean airline LAN Airlines to merge and create LATAM Airlines Group. [32] This was changed into a binding agreement on January 19, 2011. [33] LATAM's agreement was approved with 11 restrictions by Chilean authorities on September 21, 2011.
On 26 November 2010, LAN Airlines announced that it completed the purchase of 98.9% of AIRES' shares, assuming its total debt and including it in the LAN holding company as a subsidiary of the group. On 3 December 2011, AIRES was renamed and started operations as LAN Colombia , becoming a member of the aeronautical holding LATAM Airlines Group .
The DOT dashboard reflects airlines' official policies, but many carriers handle compensation for delays on a case-by-case basis and may provide vouchers or other benefits in some situations that ...
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