Latam Airlines Group SA is a Chile-based airline company. The Company and its affiliates provides domestic and international passenger services, as well as freight cargo services in Chile, Peru, Argentina, Colombia and Ecuador with a wide range of routes around America, Europe and Oceania. Through its subsidiaries, it also provides cargo operations in Mexico, Brazil and Colombia, as well as other services such as ground handling and maintenance. The Company offers the passenger transport services to about 150 destinations in 22 countries and cargo services to about 169 destinations in 27 countries, with a fleet of 310 aircraft. As of December 31, 2012, the Company�s major shareholder was Costa Verde Aeronautica S.A. with a stake of 25.92%.