LATAM Express LATAM Express LATAM Express (Transporte Aéreo S.A.), previously known as LAN Express is a subsidiary of LATAM Chile. It operates some domestic and a few international routes for its parent. Its main base is Comodoro Arturo Merino Benítez International Airport, Santiago, Chile. The airline was formerly known as Ladeco and established in September 1958. Ladeco was acquired by LAN Chile in August 1995 following the approval of the Chilean Anti-monopolies Board. In October 1998 LAN Chile merged Ladeco with Fast Air. The brand was merged into LAN Airlines in 2004. The airline was renamed LATAM Express as a result of
Iberia (airline) Binter Canarias and Binter Mediterráneo, and Latin American airlines Aerolíneas Argentinas, Austral, Viasa and Ladeco. During 2001 Iberia was privatised and shares were listed on stock exchanges. By 2002, when Iberia celebrated its 75th anniversary, it had carried nearly 500 million people in its history. In July 2004, Iberia announced it had decided to move its Latin American hub from Miami, Florida to San Pedro Sula, Honduras. On 5 February 2006, Terminal 4 at Madrid - Barajas Airport was turned over to Iberia and fellow Oneworld alliance members. This provided much-needed expansion capabilities for Iberia. Iberia represents around 60% of