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
Airline air carriers, to rescheme an airlines assets into a profitable organization or liquidating an air carrier of their profitable and worthwhile routes and business operations. Thus the last 50 years of the airline industry have varied from reasonably profitable, to devastatingly depressed. As the first major market to deregulate the industry in 1978, U.S. airlines have experienced more turbulence than almost any other country or region. In fact, no U.S. legacy carrier survived bankruptcy-free. Among the outspoken critics of deregulation, former CEO of American Airlines, Robert Crandall has publicly stated: "Chapter 11 bankruptcy protection filing shows airline industry deregulation was