Integrated Report 2018 INTEGRATED REPORT 2018

Total Page:16

File Type:pdf, Size:1020Kb

Integrated Report 2018 INTEGRATED REPORT 2018 Integrated Report 2018 INTEGRATED REPORT 2018 102 ABOUT THE INTEGRATED REPORT 03 PRESENTATION ECONOMIC DIMENSION ENVIRONMENTAL DIMENSION 103 Report and materiality 05 HIGHLIGHTS 56 OUR BUSINESS 75 ENVIRONMENT 105 GRI content index 08 MESSAGE FROM THE CEO 57 Industrial context 76 Policy and systems 111 Global compact 10 WHO WE ARE 58 Financial results 78 Straight to the point: Climate change 112 Independent Auditors’ Report 11 Profile and strategy 60 Stock information 79 Operational ecoefficiency 113 Glossary 14 Value generation model 61 Risk management 114 APPENDICES 16 Timeline 63 Investment plan SUMMARY 19 Modern fleet 64 SUPPLIERS 21 Operations 65 Knowing the chain SOCIAL DIMENSION 27 Awards and acknowledgements 68 Straight to the point: 167 FINANCIAL INFORMATION 86 EMPLOYEES Aligned principles 28 CORPORATE GOVERNANCE 168 Financial statements 2018 87 Straight to the point: 69 CUSTOMERS 29 Principles, practices, and policies Connected to the business 255 Affiliates and subsidiaries 70 At the heart of the strategy 31 Decision-making spheres 88 Multicultural team 293 Analysis of the financial 72 Straight to the point: statements 36 Ownership structure 90 Leadership and commitment Technology and autonomy 301 SWORN STATEMENT 41 Financial policy 92 Straight to the point: 73 Managing satisfaction Employee safety 302 CREDITS Click on the 40 SUSTAINABILITY buttons and 93 SECURITY browse the PDF. 46 Long-term vision 94 Straight to the point: Safety first 54 Link to the SDGs 95 Commitment of each one and of all 97 SOCIETY Throughout the release, LATAM Airlines Group, LATAM, and Group are used as synonyms to 98 Straight to the point: indicate the whole of the operation. When the data refers to a specific company—such as Commitment to the region LATAM Cargo—or affiliate, this information is specified for the reader. 99 Corporate citizenship in practice 2 INTEGRATED REPORT 2018 READING THE REPORT and prepares its financial statements in Brazilian There are six large blocks of information: reals. LATAM’s audited consolidated financial statements include the results of these affiliates > Block 1 focuses on the institutional informa- translated into U.S. dollars. International Finan- tion: who the company is, where it operates, what cial Reporting Standards (IFRS) as issued by the its decision-making process is like, and how it International Accounting Standards Board (IASB), MENU integrates sustainability in its management day- require assets and liabilities to be translated at PRESENTATION PRESENTATION to-day; period-end exchange rates, while revenue and HIGHLIGHTS expense accounts are translated at the exchange MESSAGE FROM THE CEO > Blocks 2, 3, and 4 cover the performance rate of each transaction date, although a monthly WHO WE ARE achieved throughout the year in the economic, rate may also be used if exchange rates do not environmental, and social dimensions. The orga- vary widely. CORPORATE GOVERNANCE nization follows the focus adopted by the Dow SUSTAINABILITY Jones Sustainability Index (DJSI); ECONOMIC DIMENSION OUR BUSINESS > Block 5 includes technical data on the re- SUPPLIERS port—methodology used, external auditor’s CUSTOMERS letter—a glossary of acronyms, and the Appendi- ces section, with complementary information for ENVIRONMENTAL DIMENSION his Integrated Report is yet another mile- readers who wish to gain a deeper understanding ENVIRONMENT T stone in LATAM’s path of constant evolution of specific topics; in its accountability to society. This edition covers SOCIAL DIMENSION the period from January 1 to December 31, 2018. > Block 6 deals with the Group’s financial EMPLOYEES It is based on the principles of integrated report- reports. LATAM Airlines Group and most of its SECURITY ing from the International Integrated Reporting affiliates maintain their accounting records and SOCIETY Council (IIRC) and on the guidelines of the Global prepare their financial statements in U.S. dollars ABOUT THE INTEGRATED REPORT Reporting Initiative (GRI) to offer a coherent (USD). However, some of its affiliates maintain APPENDICES representation of the relationships between the their accounting records and prepare their finan- financial and non-financial information of the cial statements in Chilean pesos, Argentinean FINANCIAL INFORMATION various dimensions of LATAM’s business and its pesos, Colombian pesos, or Brazilian reals. In par- SWORN STATEMENT relations with the various stakeholders. ticular, TAM S.A. maintains its accounting records CREDITS 3 INTEGRATED REPORT 2018 challenges; and 2018 Achievements, a compila- lines Peru, LATAM Airlines Argentina, LATAM Airlines tion of the most recent actions and their results; Colombia, LATAM Airlines Ecuador, and LATAM Air- lines Brazil. historical series of the main in- dicators; there is one for each performance chap- > References to “LAN” are to LAN Airlines S.A., cur- ter in the economic, social, and environmental rently known as LATAM Airlines Group S.A., and its dimensions. consolidated affiliates, in connection with circum- stances and facts occurring prior to the completion CONVENTIONS ADOPTED date of the combination between LAN Airlines S.A. MENU > In this Integrated Report, various references are and TAM S.A. PRESENTATION made to “LATAM”. Unless the context otherwise > In this Integrated Report, unless the context oth- HIGHLIGHTS requires, references to “LATAM Airlines Group” are erwise requires, references to “TAM” are to TAM S.A., MESSAGE FROM THE CEO to LATAM Airlines Group S.A., the unconsolidated and its consolidated affiliates, including TAM Linhas WHO WE ARE operating entity, and references to “LATAM,” “the Aereas S.A. (“TLA”), which does business under the SECTIONS Group”, “Society”, “we,” “us” or the “Company” are name “LATAM Airlines Brazil”, Multiplus S.A. (“Multi- CORPORATE GOVERNANCE The Appendices section was one of the editorial to LATAM Airlines Group S.A. and its consolidated plus”), Fidelidade Viagens e Turismo Limited (“TAM SUSTAINABILITY resources adopted to counter the apparent con- affiliates: Transporte Aéreo S.A. (“LATAM Airlines Viagens”) and Transportes Aéreos Del Mercosur S.A. ECONOMIC DIMENSION tradiction between the commitment with con- Chile”), LAN Perú S.A. (“LATAM Airlines Peru”), (“TAM Mercosur”). OUR BUSINESS ciseness and the need for a greater coverage of Aerolane, Líneas Aéreas Nacionales del Ecuador > Throughout the text, the GRI indicators are in- SUPPLIERS the information to meet the needs of different S.A. (“LATAM Airlines Ecuador”), LAN Argentina S.A. cluded in brackets. This content may also be found CUSTOMERS stakeholders. External links were also provided for (“LATAM Airlines Argentina,” previously Aero 2000 through the GRI Content Summary, located in the additional relevant information. S.A.), Aerovías de Integración Regional, Aires S.A. block at the end of the report. ENVIRONMENTAL DIMENSION (“LATAM Airlines Colombia”), TAM S.A. (“TAM” or ENVIRONMENT Three specific sections contribute to this edition’s “LATAM Airlines Brazil”), LAN Cargo S.A. (“LATAM If you have any suggestions, comments, or ques- objectivity: Cargo”) and its two regional affiliates: Linea Aerea tions regarding the report, please email investor- SOCIAL DIMENSION Carguera de Colombia S.A. (“LANCO”) in Colombia [email protected] or sostenibilidad@LATAM. EMPLOYEES Highlights: found at the beginning of the Report, and Aerolinhas Brasileiras S.A. (“ABSA”) in Brazil. com. [102-53] SECURITY with the most relevant events and numbers; In November 2018, LATAM Airlines Group sold its SOCIETY stake in its Mexican cargo affiliate Aero Trans- ABOUT THE INTEGRATED REPORT fact sheets on a range portes Mas de Carga S.A. de C.V. (“MasAir”). Enjoy your reading! APPENDICES of key subjects. These are organized into three Other references to “LATAM”, as the context parts: Context and positioning, where the rele- may require, are to the LATAM brand, which was FINANCIAL INFORMATION vance of that topic for LATAM, the aviation sector, launched in 2016 and brings together, under one SWORN STATEMENT or society is reported; Topic management, with a internationally recognized name, all the affiliate focus on the Group, including opportunities and brands, such as LATAM Airlines Chile, LATAM Air- CREDITS 4 INTEGRATED REPORT 2018 CUSTOMER FOCUS US$400 million will be invested in Highlights 2018 transforming the cabins of over two thirds of the fleet. Chosen as the most punctual NETWORK airline group in the Mega Airlines1 category. MENU LATAM connects people and destinations on all five continents. PRESENTATION Fourth largest loyalty HIGHLIGHTS program in the world, with MESSAGE FROM THE CEO over 30 million members. WHO WE ARE 1 Source: OAG (Official Airline Guide). Considering the 20 largest air- CORPORATE GOVERNANCE lines in the world in number of flights per year. On-time performance: 85.6% (delays of up to 15 minutes). SUSTAINABILITY ECONOMIC DIMENSION MORE AUTONOMY AND COMFORT OUR BUSINESS > New functions in the LATAM app. SUPPLIERS > Use of biometrics to speed up the boarding CUSTOMERS process. ENVIRONMENTAL DIMENSION > Over one thousand self-check-in kiosks at ENVIRONMENT the airports. > Entertainment: LATAM Play platform SOCIAL DIMENSION PASSENGERS available for smartphones, tablets, or laptops. EMPLOYEES > 143 destinations CARGO SECURITY > 26 countries > 150 destinations SECURITY SOCIETY > 148 shared codes > 29 countries 75% lower rate of accidents on ABOUT THE INTEGRATED REPORT > 68.8 million passengers transported > 921 thousand tons transported land than the sector average. APPENDICES
Recommended publications
  • Tráfico Aéreo De Pasajeros En La Comunidad Andina Enero - Diciembre De 2017
    SG de 827 22 de junio de 2018 TRÁFICO AÉREO DE PASAJEROS EN LA COMUNIDAD ANDINA ENERO - DICIEMBRE DE 2017 I. TRÁFICO DE PASAJEROS Durante enero - diciembre de 2017, el tráfico aéreo internacional totalizó 30 055 miles de pasajeros, correspondiente al embarque y desembarque de pasajeros de las líneas aéreas en los aeropuertos internacionales de los países que integran la Comunidad Andina, cifra que representó un aumento de 11,0% respecto a similar periodo del año anterior. A nivel de países, el Perú registró un incremento de 21,6%, seguido de Colombia, Bolivia y Ecuador con aumentos de 6,4%, 5,0% y 3,7%, respectivamente. COMUNIDAD ANDINA: TRÁFICO AÉREO INTERNACIONAL DE PASAJEROS (Miles de pasajeros) Ene - Dic Ene - Dic Variación País 2016 2017 % Comunidad Andina 27 081 30 055 11,0 Bolivia 1 495 1 570 5,0 Colombia 12 752 13 567 6,4 Ecuador 3 822 3 963 3,7 Perú 9 012 10 955 21,6 Fuente: Direcciones de Aeronáutica Civil de los Países Miembros. Decisión 650. Según estructura porcentual, entre enero y diciembre del 2017, Colombia movilizó el 45,1% de los pasajeros en la Comunidad Andina, seguido del Perú con el 36,5%, Ecuador con el 13,2% y Bolivia con el 5,2%. ESTRUCTURA PORCENTUAESTRUCTURA LPORCENTUAL DEL TRÁFICO DEL AÉREOtráfico aéreo INTERNACIONAL DE intERNACIONALPASAJEROS de pasajeros EN LA ENCAN LA CAN ENEROEnero – DICI - DiciembreEMBRE 2016- DE 20120176 Y 2017 100% 5,5% 5,2% 90% 80% Bolivia 47,1% 45,1% 70% Colombia 60% Ecuador 50% Perú 13,2% 14,1% 40% 30% 20% 33,3% 36,5% 10% 0% 2016 2017 Según el gráfico anterior, en los doce meses del 2017, la participación porcentual del tráfico aéreo internacional de pasajeros de Bolivia en la CAN presentó una leve disminución de 0,3 puntos, al pasar de 5,5% en el 2016 a 5,2% en el 2017.
    [Show full text]
  • 2021 Datalex Big Book of Airline Data Page 0
    2021 Datalex Big Book of Airline Data Page 0 2021 Datalex Big Book of Airline Data by IdeaWorksCompany Table of Contents Updates to the 2021 Datalex Big Book of Airline Data .................................................................................... 3 A. Welcome Message from Datalex .................................................................................................................. 5 B. Introduction to the Data ................................................................................................................................. 6 About Special Reporting Periods ....................................................................................................................... 7 Year over Year Comparisons are Introduced this Year............................................................................... 8 2020 Was Bad – But There Were a Few Bright Spots ................................................................................. 9 C. Airline Traffic for the 2020 Period .............................................................................................................. 12 Primary Airlines in Alphabetical Order .......................................................................................................... 12 Subsidiary Airlines in Alphabetical Order ...................................................................................................... 18 Primary Airlines by Traffic ................................................................................................................................
    [Show full text]
  • My Personal Callsign List This List Was Not Designed for Publication However Due to Several Requests I Have Decided to Make It Downloadable
    - www.egxwinfogroup.co.uk - The EGXWinfo Group of Twitter Accounts - @EGXWinfoGroup on Twitter - My Personal Callsign List This list was not designed for publication however due to several requests I have decided to make it downloadable. It is a mixture of listed callsigns and logged callsigns so some have numbers after the callsign as they were heard. Use CTL+F in Adobe Reader to search for your callsign Callsign ICAO/PRI IATA Unit Type Based Country Type ABG AAB W9 Abelag Aviation Belgium Civil ARMYAIR AAC Army Air Corps United Kingdom Civil AgustaWestland Lynx AH.9A/AW159 Wildcat ARMYAIR 200# AAC 2Regt | AAC AH.1 AAC Middle Wallop United Kingdom Military ARMYAIR 300# AAC 3Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 400# AAC 4Regt | AAC AgustaWestland AH-64 Apache AH.1 RAF Wattisham United Kingdom Military ARMYAIR 500# AAC 5Regt AAC/RAF Britten-Norman Islander/Defender JHCFS Aldergrove United Kingdom Military ARMYAIR 600# AAC 657Sqn | JSFAW | AAC Various RAF Odiham United Kingdom Military Ambassador AAD Mann Air Ltd United Kingdom Civil AIGLE AZUR AAF ZI Aigle Azur France Civil ATLANTIC AAG KI Air Atlantique United Kingdom Civil ATLANTIC AAG Atlantic Flight Training United Kingdom Civil ALOHA AAH KH Aloha Air Cargo United States Civil BOREALIS AAI Air Aurora United States Civil ALFA SUDAN AAJ Alfa Airlines Sudan Civil ALASKA ISLAND AAK Alaska Island Air United States Civil AMERICAN AAL AA American Airlines United States Civil AM CORP AAM Aviation Management Corporation United States Civil
    [Show full text]
  • Integrated Report 2020 Index
    INTEGRATED REPORT 2020 INDEX 4 28 70 92 320 PRESENTATION CORPORATE GOVERNANCE SECURITY METHODOLOGY SWORN STATEMENT 29 Policies and practices 71 Everyone’s commitment 93 Construction of the report 31 Governance structure 96 GRI content index 35 Ownership structure 102 Global Compact 5 38 Policies 103 External assurance 321 HIGHLIGHTS 74 104 Glossary CORPORATE STRUCTURE LATAM GROUP EMPLOYEES 42 75 Joint challenge OUR BUSINESS 78 Who makes up LATAM group 105 12 81 Team safety APPENDICES 322 LETTER FROM THE CEO 43 Industry context CREDITS 44 Financial results 47 Stock information 48 Risk management 83 50 Investment plan LATAM GROUP CUSTOMERS 179 14 FINANCIAL INFORMATION INT020 PROFILE 84 Connecting people This is a 86 More digital travel experience 180 Financial statements 2020 navigable PDF. 15 Who we are 51 270 Affiliates and subsidiaries Click on the 17 Value generation model SUSTAINABILITY 312 Rationale buttons. 18 Timeline 21 Fleet 52 Strategy and commitments 88 23 Passenger operation 57 Solidary Plane program LATAM GROUP SUPPLIERS 25 LATAM Cargo 62 Climate change 89 Partner network 27 Awards and recognition 67 Environmental management and eco-efficiency Presentation Highlights Letter from the CEO Profile Corporate governance Our business Sustainability Integrated Report 2020 3 Security Employees Customers Suppliers Methodology Appendices Financial information Credits translated at the exchange rate of each transaction date, • Unless the context otherwise requires, references to “TAM” although a monthly rate may also be used if exchange rates are to TAM S.A., and its consolidated affiliates, including do not vary widely. TAM Linhas Aereas S.A. (“TLA”), which operates under the name “LATAM Airlines Brazil”, Fidelidade Viagens e Turismo Conventions adopted Limited (“TAM Viagens”), and Transportes Aéreos Del * Unless the context otherwise requires, references to Mercosur S.A.
    [Show full text]
  • American Airlines and Jetsmart Sign Letter of Intent to Create the Broadest and Most Rewarding Network in the Americas
    Logo NEWS RELEASE American Airlines and JetSMART Sign Letter of Intent to Create the Broadest and Most Rewarding Network in the Americas 7/29/2021 FORT WORTH, Texas — American Airlines and JetSMART have signed a letter of intent to create the broadest network and most rewarding customer oering in the Americas. This proposed partnership would uniquely tie together the full-service, global presence of American with the complementary network of ultra-low-cost carrier JetSMART in South America to oer competitive fares and expanded travel options for yers throughout North and South America. American proposes acquiring a minority ownership stake in JetSMART allowing the carrier to rapidly grow its low-cost network in South America. Customers would be able to earn and redeem AAdvantage miles on JetSMART ights. Broad connectivity and robust loyalty program would create a compelling customer oering in Latin America. Proposed codeshare agreement between the two airlines would create more options for customers traveling between the United States and South America. FORT WORTH, Texas — American Airlines and JetSMART have signed a letter of intent to create the broadest network and most rewarding customer oering in the Americas. This proposed partnership would uniquely tie together the full-service, global presence of American with the complementary network of ultra-low-cost carrier JetSMART in South America to oer competitive fares and expanded travel options for yers throughout North and South America. “This proposed investment in JetSMART would give customers access to the largest network, lowest fares and best travel loyalty program in the Americas,” said Vasu Raja, American’s Chief Revenue Ocer.
    [Show full text]
  • 'P RBPIJBLICA DB CHILE RESOLUCION Ng 445 Santiago
    ‘P .l 646 RBPIJBLICA DB CHILE .L (MISION CRESOLUTIVA AGUSTINAS N’ 853, PISO 12’ SANTIAGO RESOLUCION Ng 445 Santiago, diez de Agosto de mil novecientos noventa y cinco. VIBTO: 1 La consulta de fs. 148 de los autos de la Comisión Prkentiva Central, que formuló la Linea Aerea Nacional S.A., en adelante Lan Chile, para gue se le autorice comprar las acciones de la empresa de aeronavegación comercial Lineas Aéreas del Cobre S.A., en adelante Ladeco, mediante una operación gue consiste en que Lan entregaría en dominio, a los accionistas de Ladeco que le vendan sus acciones, un determinado número de sus propias acciones por cada acción de Ladeco, que fuere adquirida, en una proporción tal que permita a Lan controlar la mayoría del capital accionario de Ladeco. El proyecto consulta que estas compañias subsistan en el mercado, Lan como matriz y Ladeco como filial, de acuerdo con lo establecido en la Ley NP 18.046, sobre sociedades anónimas. La consultante expresó que la operación de compra pro- puesta es conveniente para los intereses de ambas empresas aéreas y, en general, para los usuarios de estos servicios, y en espe- cial, que representa una operación comercial gue no elimina, res- trinje o entorpece la competencia en el mercado aéreo nacional, de acuerdo con las disposiciones del Decreto Ley NQ 211, de 1973. Los fundamentos invocados por la recurrente en favor de esta operación fueron los siguientes: 1.1. Lan y Ladeco enfrentan una competencia desigual con las empresas extranjeras en el mercado internacional del transporte aéreo en el que operan, lo gue compromete gravemente la existencia de ambas.
    [Show full text]
  • Santiago, Viernes 22 De Febrero De 2019 RESUMEN ESTADÍSTICO
    Santiago, viernes 22 de febrero de 2019 RESUMEN ESTADÍSTICO TRANSPORTE AÉREO COMERCIAL EN CHILE El resumen estadístico presenta en su primera parte un informe mensual donde se señalan cifras del transporte aéreo comercial regular de pasajeros, de carga y de correo, tanto nacional como internacional. Las comparaciones que se realizan son respecto del mismo periodo del año anterior. En una segunda parte, se presenta una sección que brevemente reseña otros antecedentes y observaciones. A. INFORME MES DE ENERO 2019: 1. Transporte aéreo de pasajeros: En enero fueron transportados 2.656.472 pasajeros en vuelos nacionales e internacionales, lo que comparado con el mismo periodo del año 2018 representa un crecimiento de un 11,3%. 1.1. Tráfico internacional de pasajeros: En enero fueron transportados 1.097.028 pasajeros con origen o destino internacional, con un crecimiento del 1%, en comparación con igual periodo del año 2018. 2 . Participación y crecimiento de mercado diferenciado por líneas aéreas1 AÑO 2019 ENERO Pasajeros Participa- Crecimi- LINEAS AEREAS Transportados ción (%) ento (%) LATAM AIRLINES GROUP 454.899 41,5 4,5 LATAM AIRLINES BRASIL 95.447 8,7 15,4 SKY AIRLINE 87.419 8,0 6,8 C.O.P.A. 45.125 4,1 7,9 LATAM AIRLINES PERU 44.899 4,1 21,6 JETSMART SPA 36.729 3,3 576,3 AMERICAN AIRLINES 36.025 3,3 13,5 AVIANCA 29.997 2,7 7,2 IBERIA 29.322 2,7 43,1 AEROL. ARGENTINAS 25.754 2,3 -37,3 AIR FRANCE 21.505 2,0 -3,7 GOL TRANS 19.979 1,8 -31,3 K.L.M.
    [Show full text]
  • Descargar Versión
    1 INDICE INT003 NUESTRA EMPRESA SIG030 GOBIERNO CORPORATIVO SIG008 OPERACIONES Carta de Bienvenida .................................4 Directorio ................................................39 Internacional ...........................................72 Estrategia de Negocios ............................6 Ejecutivos ...............................................43 Brasil ......................................................75 Historia ....................................................8 Ejercicio 2016 .........................................46 Argentina ................................................77 Flota .......................................................17 Prácticas de Gobierno Corporativo ..........49 Chile .......................................................79 Destinos .................................................21 Estructura de Propiedad y Principales Colombia ................................................81 Personas .................................................30 Accionistas .............................................57 Ecuador ..................................................83 Información de la Compañía ....................36 Política Financiera ...................................68 Perú ........................................................85 Carga ......................................................87 Programas de Fidelidad...........................89 Propiedad, Plantas y Equipos ..................90 SIG110 GESTIÓN 2016 SEC051 SOSTENIBILIDAD Entorno de la Industria ...........................93
    [Show full text]
  • Estudio Para El Fomento De La Aviación Intrarregional
    ESTUDIO PARA EL FOMENTO DE LA AVIACIÓN INTRARREGIONAL Informe Final Definitivo Diciembre del 2016 Licitación N° 725‐1‐LE16 Documento preparado para: Jefe de Estudio: Marcelo Villena, Ph.D. marcelo.villena@scl‐econometrics.cl // [email protected] 1. INTRODUCCIÓN ........................................................................................................ 1 2. ESTUDIO DE CASOS ................................................................................................... 4 2.1. Asociados Latinoamericanos de Transporte Aéreo (ALTA)............................................. 4 2.2. LC Perú (ex LC Busre) (Perú) ........................................................................................ 15 2.3. GOL y Azul (Brasil) ...................................................................................................... 27 2.4. Transportes Aéreos Militares Ecuatorianos‐TAME (Ecuador) ...................................... 41 2.5. Viva Colombia (Colombia) .......................................................................................... 52 2.6. Principales Conclusiones del Estudio de Casos ............................................................ 58 3. DETERMINANTES DE LA DEMANDA EN LA MACROZONA NORTE ............................ 64 3.1. Caracterización socioeconómica de la macrozona norte ............................................. 64 3.2. Comportamiento de la demanda ................................................................................ 82 3.3. Estacionalidad en el tráfico ........................................................................................
    [Show full text]
  • Informe Mensual Diciembre 2018
    MINISTERIO DE OBRAS PÚBLICAS (MOP) AERÓDROMO LA FLORIDA DE LA SERENA DICIEMBRE 2018 1. ANTECEDENTES GENERALES El Aeródromo La Florida fue construido entre 1947 y 1948 e inaugurado el 19 de enero de 1949. Se clasifica como de 1ª categoría clase C, según se indica en Resolución Exenta DGAC N° 0698 del 27 de septiembre 2012. Se ubica a 6 km al Este del centro de la ciudad de La Serena y a una altitud de 143 m sobre el nivel del mar, en la 4ª Región. Cuenta con una pista construida en asfalto de 1.938 m de largo y 45 m de ancho. La concesión que opera actualmente, tenía como tarea la ampliación y el mejoramiento del Edificio Terminal de pasajeros, pasando de 3.200 a 4.500 metros cuadrados, la construcción de un nuevo edificio logístico para la DGAC, ampliar la cabina de la torre de control, mejorar los accesos al aeródromo, ampliar y redistribuir los estacionamientos, una nueva cinta de retiro de equipaje, ampliación de oficinas, incorporar áreas de máquinas de auto chequeo electrónico, implementación de nuevas dependencias de policía, SAG y aduana, aumento en la cantidad de baños públicos, ampliación de la cafetería, cocina y finalmente, aumentar la plataforma, se encuentra con un 100% de las obras terminadas, con su PSP Fase 2 autorizada según Res. DGOP N° 2587 de fecha 12 de junio 2015. Finalmente, con Res. DGOP N° 593 de fecha 16 de febrero 2016 se autorizó la Puesta en Servicio Definitiva (PSD). La Soc. Concesionaria está a cargo de la prestación y explotación de los servicios aeronáuticos y no aeronáuticos asociados a la concesión.
    [Show full text]
  • LAN Chile: a Symbol of National Pride
    LAN Chile: A Symbol of National Pride Samuel Roecker LAN Chile serves as a compelling example of an enterprise whose growth and prominence is deeply intertwined with nationalized-turned-privatized Chilean economic policies. Like the vast majority of Chilean firms established in the 1930s, LAN Chile began as a state- owned enterprise (SOE), a project of the military to carry passengers and cargo throughout Chile and neighboring countries. Growing political and economic pressures resulted in state divesture in the carrier and the sale of stocks to foreign and domestic investors. As Chile’s economy diversified and modernized, a thriving LAN Chile—once just a regional powerhouse—emerged as a leading global carrier. The economic impact of LAN Chile is indicative of a defining characteristic of modern Chile, the bold effort to modernize, advance and enter the global economy. I argue that LAN Chile is both persuasive and symbolic in its significance as one of the last SOEs to be privatized during the economic liberalization policies of the 1970s and 1980s. To address this theory, I will first provide theoretical context for how and why the military regime enacted vigorous and expansive economic liberalization policies. I make two claims, one that the theoretical benefits of privatization are both ideological and pragmatic, and two, that comprehensive policies are rooted in the belief that private sector growth is the driving force to modernizing Chile’s economy. After establishing theoretical framework for the beneficial outcomes of privatization, I will briefly describe the application of the military regime’s policies in the 1970s and 1980s.
    [Show full text]
  • Global Volatility Steadies the Climb
    WORLD AIRLINER CENSUS Global volatility steadies the climb Cirium Fleet Forecast’s latest outlook sees heady growth settling down to trend levels, with economic slowdown, rising oil prices and production rate challenges as factors Narrowbodies including A321neo will dominate deliveries over 2019-2038 Airbus DAN THISDELL & CHRIS SEYMOUR LONDON commercial jets and turboprops across most spiking above $100/barrel in mid-2014, the sectors has come down from a run of heady Brent Crude benchmark declined rapidly to a nybody who has been watching growth years, slowdown in this context should January 2016 low in the mid-$30s; the subse- the news for the past year cannot be read as a return to longer-term averages. In quent upturn peaked in the $80s a year ago. have missed some recurring head- other words, in commercial aviation, slow- Following a long dip during the second half Alines. In no particular order: US- down is still a long way from downturn. of 2018, oil has this year recovered to the China trade war, potential US-Iran hot war, And, Cirium observes, “a slowdown in high-$60s prevailing in July. US-Mexico trade tension, US-Europe trade growth rates should not be a surprise”. Eco- tension, interest rates rising, Chinese growth nomic indicators are showing “consistent de- RECESSION WORRIES stumbling, Europe facing populist backlash, cline” in all major regions, and the World What comes next is anybody’s guess, but it is longest economic recovery in history, US- Trade Organization’s global trade outlook is at worth noting that the sharp drop in prices that Canada commerce friction, bond and equity its weakest since 2010.
    [Show full text]