Overview
Description
Latam Airlines Group S.A. - ADR is a type of American Depositary Receipt representing the shares of Latam Airlines Group S.A., a leading airline group in Latin America. An ADR allows U.S. investors to own shares in foreign companies indirectly and is denominated in U.S. dollars. Latam Airlines Group S.A. operates a robust network of passenger routes across Latin America, and offers cargo services, making it a significant player in the transportation sector. The airline serves passengers across multiple countries, connecting a wide array of destinations through its subsidiaries and affiliates. The ADR provides a channel for investors to participate in the potential growth and revenue streams generated by one of the largest airline networks in the region, aligning with the broader travel and tourism industry trends. This instrument represents a key aspect of cross-border investment, allowing U.S. shareholders to benefit from the performance of an influential Latin American airline company.
About
CEO
Mr. Roberto Alvo Milosawlewitsch
Employees
39657
Address
Presidente Riesco 5711
20th Floor Las Condes
Santiago
20th Floor Las Condes
Santiago
Phone
56 2 2565 3844
Website
Instrument type
American depositary receipt
Sector
Industrials
Industry
Airlines
Country
Germany
MIC code
XDUS