Is LATAM a good stock to buy?
The consensus among Wall Street research analysts is that investors should "hold" LATAM Airlines Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LTMAQ, but not buy additional shares or sell existing shares.
What is Lanpass?
LAN Airlines operates a frequent flyer program called LANPASS. It uses a region-based award chart for LAN Airlines flights, and a distance-based chart for oneworld and other partners. LANPASS is a solid program offering its best redemptions on short flights.
What happened to LAN Airlines?
It is considered the largest airline in Latin America with subsidiaries in Brazil, Colombia, Ecuador, Paraguay and Peru. The company filed for Chapter 11 bankruptcy in the United States on May 26, 2020 due to economic problems attributed to the impact of the COVID-19 pandemic on aviation.