The company is active in the airline industry. It was founded by Arturo Merino Benitez, a Chilean Army Air Services Commander. It was formerly known as Línea Aeropostal Santiago-Arica and began its operation in 1929. The company caters flights to Latin America, the United States of America, Mexico, the Caribbean, Oceania, and Europe. Its main hub is the Arturo Merino Benítez International Airport. Its registered business office is located in Las Condes, Chile. Its common shares are listed on the Santiago Stock Exchange under the ticker symbol LAN.Since its establishment, the company has grown to be recognized as the principal airline in Chile as well as so one of the largest in South America. The company provides domestic and international passenger services in Chile, Peru, and Argentina as well as in Ecuador. It is also involved in cargo operations through the use of belly space on its passenger flights. In addition, the company has freighter aircraft through its cargo airlines in Chile, Brazil and Mexico.As of 2006, It has signed agreements with airline companies such as Aeromexico, Alaska Airlines, American Airlines, British Airways, Iberia Airlines, Japan Airlines, Mexicana de Aviacian, Qantas, Korean Air and Avianca. The firm is one of the members of the Oneworld airline alliance.
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