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Latam Airlines Adds Two New Routes from Chile to Brazil

By · November 3, 2023 · 2 min read

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Latam Airlines has introduced two new flight routes from Chile to Brazil, connecting to Belo Horizonte and Florianópolis.

Before this, they already flew to São Paulo, Río de Janeiro, Curitiba, and Porto Alegre. So now, there are six routes in total.

This is the first time there’s a direct flight between Chile and Belo Horizonte. The flight to Florianópolis used to be only in summer. Now, it’s available all year round.

Last year, Latam Airlines carried over a million passengers between these two countries. They expect this number to grow with these new routes.

Latam recently reported profits after leaving bankruptcy last year. Brazil is vital for them. It’s a place where they have many business and tourist flights.

María Paz Villasante, from Latam, is happy about the new routes. She says it shows the airline is strong. They now fly to 147 places in 25 countries.

The flight to Belo Horizonte will be three times a week. It’s on Wednesdays, Fridays, and Sundays.

Latam Airlines Adds Two New Routes from Chile to Brazil.
Latam Airlines Adds Two New Routes from Chile to Brazil.
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In its first year, it hopes to carry 46,700 passengers on this route. For Florianópolis, it’s different. From November to March 2024, there will be seven flights a week.

From April onwards, it drops to four times a week. They hope to move over 77,500 passengers in the first year on this route.

Background

Brazil and Chile share a long history of trade and tourism. Their relationship has grown stronger over the years.

São Paulo, being Brazil’s economic hub, was always a popular route. But now, with more routes, it shows Brazil’s tourism appeal is expanding.

Direct flights to lesser-known cities boost tourism. They bring Chilean tourists to different parts of Braz

This also helps both countries’ economies. It’s an exciting time for travelers and businesses in both nations.

Live Company IntelligenceLatam Airlines Adds Two New Routes from Chile to Brazil — the full investor dossierInside: live share price, peer benchmarks and the latest Rio Times coverage on the company.
Rio Times · Live Ticker Intelligence
LATAM Airlines Group S.A
LTM · SantiagoIndustrialsAirlines
Share price · live
CLP$24.08
▼ -1.11% today
Market cap
CLP$14.2 tn (US$15.6 bn)
574.2 bn shares
P / E
9.6
EPS 2.58
Dividend yield
The company
Employees
43,341
Headquarters
Santiago
Listed since
Website

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Chile, Argentina, Peru, Colombia, Ecuador, Brazil, the United States, other Latin American countries, the Caribbean, Europe, and Oceania. As of December 31, 2024, the company provides passenger transport services to…

Financial performance · FY · USD
RevenueNet income
2023
$11.6 bn
$581.8 mn
2024
$12.8 bn
$977.0 mn
2025
$14.3 bn
$1.5 bn

Net income rose to $1.5 bn in 2025, from $581.8 mn in 2023.

Valuation & returns
EBITDA margin
23.2%
Net margin
9.9%
Return on equity
108.0%
Price / book
7.44
Enterprise value
CLP$20.2 tn (US$22.1 bn)
Revenue growth · YoY
+27.2%
Latest earnings
Q2 2026 — reported EPS 0.00
Peers & comparators
GAP AIRPORT
▲ +0.54%
ASUR
▲ +1.25%
OMA AIRPORT
▲ +0.79%
Data: RT Fundamentals & live feed · The Rio Times Ticker Intelligence

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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