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
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.