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
Kato Airline Rally. The airline made several bids to win more routes. They applied in 2006 for both PSO contracts in Finnmark, but failed to match the bid from Widerøe. Following an inspection, the Civil Aviation Authority of Norway withdrew Kato Air Service's aircraft maintenance certificate on 28 August 2008. They citied several severe breaches of regulation and routines. Subsequently, the board decided on 1 September to liquidate the company. The following is a list of scheduled destinations served by Kato Airline. Kato Airline Kato Airline AS, trading as Kato Air, was an airline which operated in Northern Norway between 1995 and