Ladeco Ladeco Ladeco was a Chilean airline; Ladeco is the acronym of "Línea Aérea Del Cobre" or the "Airline of Copper," in reference to the principal Chilean export. Ladeco began operations in 1958 flying mostly internal routes between Chile's major cities and some international routes, and continued to run services until 1994 when LanChile (currently called Latam Chile) bought over 99% of the shares and merged Ladeco into its fleet. At the time of takeover, Ladeco was equipped mainly with Boeing 737 aircraft as well as some Boeing 727s and Boeing 757s. Ladeco then became exclusively an internal carrier between Chilean
Emirates (airline) million) in 2014. The government has received Dhs14.6 billion from Emirates since dividends started being paid in 1999 for having provided an initial start-up capital of US$10 million and an additional investment of about US$80 million at the time of the airline's inception. The Dubai government is the sole owner of the company. However, it does not put any new money into it, nor does it interfere with running the airline. Emirates has diversified into related industries and sectors, including airport services, engineering, catering, and tour operator operations. Emirates has seven subsidiaries and its parent company has more than 50.