LATAM Airlines Group S.A. (LTM)
LATAM Airlines Group S.A. operates in the Airlines, Airports & Air Services industry of the Industrials sector, headquartered in Santiago de Chile, SA, CL. The stock last traded at $52.61, down 0.75% on the session, giving a market capitalisation of $15.11B. On trailing twelve-month figures it carries a trailing P/E of 9.78, a net margin of 9.9%. Its beta of 0.89 implies it has historically moved less than the broad market.
LATAM Airlines Group S.A., encompassing its various subsidiaries, specializes in providing both passenger and freight air transport services. The company's vast operational footprint extends across multiple continents, covering Chile, Peru, Ecuador, Colombia, Brazil, a range of other Latin American countries, the Caribbean, North America, Europe, and Oceania. In addition to its core aviation business, LATAM offers a suite of supplementary services, including ground handling, courier delivery, logistics solutions, and aircraft maintenance. As of December 31, 2023, the airline catered to passenger travel across 148 destinations in 26 countries, while its cargo operations reached 166 destinations across 33 nations, supported by a fleet of 333 aircraft. Founded in 1929, the company was initially known as LAN Airlines S.A. before officially rebranding to LATAM Airlines Group S.A. in June 2012, and its corporate headquarters are situated in Santiago, Chile.
LATAM Airlines Group S.A. is most often compared with the following Industrials names: