LATAM Airlines Group, the leading airline group in Latin America, announced its final financial results for the last quarter which ended on June 30th. The second half of 2015 marks three years since the merger between LAN and TAM, a historical landmark for both airlines to place the company as an industry leader in South America. Due to significant successes throughout the year such as cost savings, negotiations on the Passenger Service System, and the unveiling of the company’s new unified brand, LATAM continues to progress towards its main objective: to strengthen LATAM’s position as the leading airline in Latin America.

After an extensive integration process following the association of LAN Airlines and TAM Airline, LATAM Airlines Group has decided to adopt a single name and identity and confirmed the new brand for the largest airline group in Latin America and its affiliates. The new LATAM branded airline group will unite all the passenger and cargo airlines for LATAM Airlines Group.

TAM Airlines, the first airline to receive and operate the A350 XWB in the Americas, has announced the routes that will be operated by the aircraft. The A350 XWB is expected to arrive in Brazil in December of this year with the first commercial flight scheduled for January 2016 from São Paulo/Guarulhos to Manaus.

LATAM Airlines Group has reported strong operating results for first quarter 2015, with operating income reaching US$227 million, 102 per cent higher than the US$113 million reported in first quarter 2014. Operating margin reached 8.1 per cent at the South American group, compared to 3.5 per cent in the same period 2014. The significant margin expansion during the first quarter 2015 was mainly driven by a 16 per cent reduction in the company’s operating costs.

LATAM Airlines Group and its subsidiaries, the leading airline group in Latin America, have reported its preliminary monthly traffic statistics for March 2015 compared to March 2014. System passenger traffic decreased by 0.5 per cent while capacity increased by 1.3 per cent. As a result, the company’s load factor for the month decreased 1.4 points to 80.3 per cent.

LATAM Airlines Group has launched its updated online agent training programme in conjunction with OTT. The programme provides agents with up to date information about both LAN and TAM Airlines, as well as the latest updates on LATAM Airlines Group as a whole. The programme features revised modules on the Group’s network, which is the largest in South America, as well as new information on LAN and TAM’s cabins and services and a detailed introduction to the group’s UK-based sales team.