LATAM Airlines Group is a South American airline holding company incorporated under Chilean law and headquartered in Santiago, Chile. The group also has offices in São Paulo, Brazil, with subsidiaries in Argentina, Colombia, Ecuador, Paraguay and Peru.
Chile’s LAN Airlines and Brazil’s TAM Airlines signed a non-binding agreement in August 2010, a binding agreement in January 2011, and papers to close the merger in June 2012, with TAM Airlines shareholders agreeing to the takeover by LAN Airlines. In March 2013, LATAM announced its final decision to choose Oneworld as its global airline alliance; as a result TAM left Star Alliance. In August 2015 it was announced that all LATAM Airline Group airlines would fully rebrand as LATAM, with one unified livery to be applied on all aircraft by 2018.LATAM Airlines Group is currently working on the rebranding process, which is expected to be completed by 2019.
Source: Wikipedia October 2017