LATAM Airlines is the air passenger brand of LATAM Airlines Group. Introduced on 05-May-2016, the entity represents the passenger service operations of LAN Airlines and TAM Airlines. The brand is part of the identity consolidation process and phased roll-out of the brand by the LATAM Airline Group. This LATAM Airlines profile represents the consolidated operations of the following LATAM passenger airlines:
- TAM Airlines (Paraguay), d/b/a LATAM Airlines Paraguay;
- LAN Express, d/b/a LATAM Airlines Chile;
- TAM Airlines, d/b/a LATAM Airlines Brasil;
- LAN Peru, d/b/a LATAM Airlines Peru;
- LAN Argentina, d/b/a LATAM Airlines Argentina;
- LAN Colombia, d/b/a LATAM Airlines Colombia, and;
- LAN Ecuador, d/b/a LATAM Airlines Ecuador.
The combined airline group is listed on the Santiago, New York and Sao Paulo Stock Exchanges.
On 26-May-2020, LATAM Airlines Group announced a reorganisation plan which includes filing for Chapter 11. LATAM Airlines Chile, LATAM Airlines Peru, LATAM Airlines Colombia, LATAM Airlines Ecuador and LATAM Airlines' affiliate in the US have also filed for Chapter 11.
On 11-Jun-2022, LATAM Airlines Group secured exit financing as part of its Chapter 11 restructuring process. LATAM Airlines Group secured approval from the US Bankruptcy Court for its Chapter 11 reorganisation proceeding on 18-Jun-2022. On 03-Nov-2022, LATAM Airlines Group announced the completion of its restructuring process, emerging from Chapter 11 proceedings with over USD2.2 billion of liquidity and approximately USD3.6 billion less debt compared to the pre-filing period.
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