Latam Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in South America, North/Central America, Europe, Africa, Asia, and Oceania. The company operates through two segments, Air Transportation; and Coalition and Loyalty Program Multiplus. It provides passenger transport services to approximately 150 destinations in 22 countries and cargo services to approximately 169 destinations in 27 countries with a fleet of 310 aircraft. The company was formerly known as LAN Airlines S.A. and changed its name to Latam Airlines Group S.A. in June 2012. Latam Airlines Group S.A. was founded in 1929 and is based in Santiago, Chile.