Davide Ioppolo, the commercial director of LATAM Airlines for the United Kingdom, France, Germany, and Italy, spoke about the company's performance and future goals during an interview at the IFTM fair on September 16 last year. Earlier that year, in July, Roberto Alvo was elected "Executive Leadership" for the Latin America and Caribbean region in London during the "Airline Strategy Awards" ceremony. At the same time, Alvo was honored with the BRAVO CEO of the Year 2026 award, given by the Council of the Americas (COA) as part of the 31st edition of the BRAVO Business Awards. The award will be presented on November 19 next year in Miami, United States.
LATAM, a major airline based in South America, was formed through the merger of the Chilean airline Lan Chile and the Brazilian airline TAM. Roberto Alvo became the company's new CEO, but two months later, LATAM had to file for Chapter 11 bankruptcy protection under U.S. law. The airline faced a severe drop in traffic in 2020 due to the pandemic, with planes grounded and borders closed. However, six years later, LATAM has regained its position as the leading airline group in Latin America, showing strong growth in Brazil, Chile, and Peru.
According to Davide Ioppolo, LATAM transported 87 million passengers in 2025 and achieved a net profit that was 50% higher than the previous year. For the first half of 2026, the results remained positive, although the second quarter was negatively affected by rising fuel prices. These profits have enabled LATAM to invest over 400 million in new cabins. The investments include renovations of VIP lounges in São Paulo, Lima, and Santiago, Chile, as well as the introduction of a Premium Economy class in 2027. The company is also equipping its planes with Wi-Fi, with nearly the entire domestic fleet now having this feature, and long-haul flights beginning to be upgraded.
LATAM has also formed a collaboration with the cruise line Ponant to operate flights between Chile and Argentina. While the operation may become regular, specific details have not been disclosed. The flights to Antarctica use SAF (Sustainable Aviation Fuel), a joint effort with Ponant. However, SAF production in South America is limited, and the fuel remains expensive. In terms of expansion, LATAM has opened new destinations that could interest the French market, including Amsterdam in April and Brussels in June. The company has ordered smaller planes from manufacturer Embraer to operate from São Paulo, Brasilia, Curitiba, and Porto Alegre. These planes will help build a stronger network and expand LATAM's domestic operations. Currently, LATAM operates almost 60 destinations in Brazil and aims to reach almost 100 destinations in the next two years. LATAM has also strengthened strategic partnerships, notably with Delta, which has become a shareholder. The opening to Amsterdam and the strengthened partnership with Delta support the idea that LATAM, which has left the OneWorld alliance, could join the Skyteam alliance.
LATAM Airlines CEO Recognized for Leadership Amid Growth and Strategic Expansion
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