Ladeco Ladeco Ladeco was a Chilean airline; Ladeco is the acronym of "Línea Aérea Del Cobre" or the "Airline of Copper," in reference to the principal Chilean export. Ladeco began operations in 1958 flying mostly internal routes between Chile's major cities and some international routes, and continued to run services until 1994 when LanChile (currently called Latam Chile) bought over 99% of the shares and merged Ladeco into its fleet. At the time of takeover, Ladeco was equipped mainly with Boeing 737 aircraft as well as some Boeing 727s and Boeing 757s. Ladeco then became exclusively an internal carrier between Chilean
Emirates (airline) Skies. In May 2010, Emirates Airline executives refuted claims that the carrier does not pay taxes and receives substantial financial assistance from the Dubai government. They claimed that the airline received $80m in cash and kind in the 25 years since the airline was established and this was substantially lower than what other national carriers had received. Maurice Flanagan also claimed that Emirates incurred social costs of around $600m in 2009 and this included municipal taxes to the city of Dubai. The airline also paid a dividend of AED956m ($260m) in 2010, compared to AED2.9bn ($793m) in 2009 and each