Latam Airlines Group is one of the largest air transport groups in Latin America. It operates in multiple countries in South America, and helps bring better connectivity within the region. Additionally, it has entered agreements with operators in the industry to help reach more global destinations. Revenue is generated from transporting passengers and cargo and utilizing a network of freighters. The company has two operating segments: air transportation (which generates the majority of total revenue) and a frequent-flier program (Multiplus). Roughly three fourths of sales are generated in South America, with the remainder split amongst the United States, Europe, Asia-Pacific, and the rest of Latin America.
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