How Latam Airlines is finding a new route to profits

How Latam Airlines is finding a new route to profits

Corporate & Sovereign Strategy Brazil Chile Bonds Loans Equity Special Reports

In hindsight, perhaps LAN chief executive Enrique Cueto laments picking a Friday the 13th to announce such major news. It was a “historic day” for the company, Cueto told staff and the market on that date in August 2010, as he announced the merger between the Chilean airline and its Brazilian peer TAM. The new company, which would take the name Latam Airlines Group, would fly to 115 destinations in 23 countries globally, he said. “We are convinced this is the best way to achieve the goal which a

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