LATAM Airlines Group SA is holding company, which engages in the provision of passenger air transportation and cargo services. It operates through the Air Transportation and Multiplus Coalition and Loyalty Program segments. The Air Transportation segment corresponds to the route network for air transport. The Multiplus Coalition and Loyalty Program segment offers a coalition system, interrelated among its members, along with being a government entity with a separately business and not directly related to air transport. The company was founded in 1929 and is headquartered in Las Condes, Chile.