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40 EUR
0.6
1.48%
Last update Mar 31, 3:25 PM CEST
Main market
Day range
39
40
Previous close
40.60000
Open
39
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LATAM Airlines Group S.A. ADR
40.00
0.60
1.48%

Overview

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Description

LATAM Airlines Group S.A. American Depositary Receipt (ADR) represents securities in LATAM Airlines Group S.A., which is one of the largest and most important airlines in Latin America. The ADR allows U.S. investors to purchase shares in the company without having to deal with foreign exchanges or currencies, as it is listed on the New York Stock Exchange. LATAM Airlines is headquartered in Santiago, Chile, and operates a vast network throughout Latin America, linking destinations in Chile, Brazil, Peru, Argentina, and across North America, the Caribbean, Europe, and Oceania. The airline offers both passenger and cargo services, which are crucial for trade and travel within and beyond Latin America. Its extensive network facilitates connectivity for business, tourism, and cultural exchanges, contributing significantly to economic links across continents. LATAM Airlines also plays a vital role in supporting the region's tourism sector, which is pivotal for many Latin American economies. As such, the ADR provides investors with exposure to the aviation sector and the broader economic activity in Latin America.

About

CEO
Mr. Roberto Alvo Milosawlewitsch
Employees
41125
Address
Presidente Riesco 5711
20th Floor Las Condes
Santiago
Phone
56 2 2565 3844
Instrument type
American depositary receipt
Sector
Industrials
Industry
Airlines
Country
Germany
MIC code
XFRA
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