LATAM Cargo Chile LATAM Cargo Chile LATAM Cargo Chile, formerly "LAN Cargo S.A.", is a cargo airline based in Santiago, Chile and the freight subsidiary of the LATAM Airlines Group. It is operating cargo flights within South America, to Europe and North America from its hubs at Miami International Airport and Santiago International Airport. It is a sister company of LATAM Cargo México, LATAM Cargo Brasil and LATAM Cargo Colombia. The airline is based on the original cargo divisions of LAN Chile, Ladeco and Fast Air. It also works closely with the other cargo airlines in the group, ABSA - Aerolinhas Brasileiras, Florida
Iberia (airline) on the worldwide scene. The investments started in June 1990 with the buy of a 30% stake in Aerolineas Argentinas. In 1991 Iberia bought a 45% stake in Viasa for $81million and a 35% stake in Chilean Ladeco The airline continued making progress in setting up Europe's first international airline frequent-flyer programme in 1991, with the creation of "Iberia Plus." In 1994 the bad results of Aerolineas Argentinas, which presented a positive balance in its commercial exploitation but nevertheless hid a significant deficit with losses in non-operating activities, led Iberia to increase its ownership participation to 85%. With this increase