LATAM Chile company to Icarosan and Scandinavian Airlines (49%), which subsequently sold its stake a few years later to local investors. Since 1994, major shareholders have been the Cueto Family and businessman Sebastián Piñera (until 2010), who sold his shares when taking office as President of the Republic of Chile. The approval from the Chilean Anti-Trust Authority resulted in the acquisition of the country's second largest airline Ladeco on August 11, 1995. In October 1998, Lan Chile merged its cargo subsidiary Fast Air Carrier with Ladeco, forming LAN Express. In 1998 LAN Airlines established a joint venture with Lufthansa called LLTT ("Lufthansa-LAN
EcoJet (airline) EcoJet (airline) Línea Aérea EcoJet S.A., stylized as ecojet, is a Bolivian domestic airline headquartered on the grounds of Jorge Wilstermann International Airport in the city of Cochabamba. It started scheduled passenger operations on November 24, 2013, with two 93-seat Avro RJ85 aircraft. The airline links its home city of Cochabamba, strategically located in the center of the country, with 9 major domestic destinations, reaching all the main centers of population. Along with Amaszonas, ecojet is a private airline that competes with state-owned airline Boliviana de Aviación in the Bolivian domestic market. Ecojet was established on November 24, 2013 and