XML 97 R79.htm IDEA: XBRL DOCUMENT
v3.19.1

GENERAL INFORMATION (Details) | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
Latam Travel Chile S.A. and Subsidiaries [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | 96.518.860-6 |  |
Country of origin |  | Chile |  |
Functional Currency |  | US$ |  |
Direct |  | 99.99% | 99.99% | 99.99%
Indirect |  | 0.01% | 0.01% | 0.01%
Total |  | 100.00% | 100.00% | 100.00%
Inmobiliaria Aeronautica S.A. [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | 96.763.900-1 |  |
Country of origin |  | Chile |  |
Functional Currency |  | US$ |  |
Direct |  | 0.00% | 0.00% | 99.01%
Indirect |  | 0.00% | 0.00% | 0.99%
Total |  | 0.00% | 0.00% | 100.00%
Lan Pax Group S.A. and Subsidiaries [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | 96.969.680-0 |  |
Country of origin |  | Chile |  |
Functional Currency |  | US$ |  |
Direct |  | 99.8361% | 99.8361% | 99.8361%
Indirect |  | 0.1639% | 0.1639% | 0.1639%
Total |  | 100.00% | 100.00% | 100.00%
Lan Peru S.A. [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | Foreign |  |
Country of origin |  | Peru |  |
Functional Currency |  | US$ |  |
Direct |  | 49.00% | 49.00% | 49.00%
Indirect |  | 21.00% | 21.00% | 21.00%
Total |  | 70.00% | 70.00% | 70.00%
Lan Cargo S.A. [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | 93.383.000-4 |  |
Country of origin |  | Chile |  |
Functional Currency |  | US$ |  |
Direct |  | 99.8939% | 99.8939% | 99.8939%
Indirect |  | 0.0041% | 0.0041% | 0.0041%
Total |  | 99.898% | 99.898% | 99.898%
Connecta Corporation [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | Foreign |  |
Country of origin |  | U.S.A. |  |
Functional Currency |  | US$ |  |
Direct |  | 0.00% | 0.00% | 0.00%
Indirect |  | 100.00% | 100.00% | 100.00%
Total |  | 100.00% | 100.00% | 100.00%
Prime Airport Services Inc. and Subsidary [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | Foreign |  |
Country of origin |  | U.S.A. |  |
Functional Currency |  | US$ |  |
Direct |  | 0.00% | 0.00% | 0.00%
Indirect |  | 100.00% | 100.00% | 100.00%
Total |  | 100.00% | 100.00% | 100.00%
Transporte Aereo S.A. [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | 96.951.280-7 |  |
Country of origin |  | Chile |  |
Functional Currency |  | US$ |  |
Direct |  | 0.00% | 0.00% | 0.00%
Indirect |  | 100.00% | 100.00% | 100.00%
Total |  | 100.00% | 100.00% | 100.00%
Fast Air Almacenes de Carga S.A. [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | 96.631.520-2 |  |
Country of origin |  | Chile |  |
Functional Currency |  | CLP |  |
Direct |  | 0.00% | 0.00% | 0.00%
Indirect |  | 100.00% | 100.00% | 100.00%
Total |  | 100.00% | 100.00% | 100.00%
Laser Cargo S.R.L. [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | Foreign |  |
Country of origin |  | Argentina |  |
Functional Currency |  | ARS |  |
Direct |  | 0.00% | 0.00% | 0.00%
Indirect |  | 100.00% | 100.00% | 100.00%
Total |  | 100.00% | 100.00% | 100.00%
Lan Cargo Overseas Limited and Subsidiaries [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | Foreign |  |
Country of origin |  | Bahamas |  |
Functional Currency |  | US$ |  |
Direct |  | 0.00% | 0.00% | 0.00%
Indirect |  | 100.00% | 100.00% | 100.00%
Total |  | 100.00% | 100.00% | 100.00%
Lan Cargo Inversiones S.A. and Subsidary [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | 96.969.690-8 |  |
Country of origin |  | Chile |  |
Functional Currency |  | US$ |  |
Direct |  | 0.00% | 0.00% | 0.00%
Indirect |  | 100.00% | 100.00% | 100.00%
Total |  | 100.00% | 100.00% | 100.00%
Inversiones Lan S.A. and Subsidiaries [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | 96.575.810-0 |  |
Country of origin |  | Chile |  |
Functional Currency |  | US$ |  |
Direct |  | 99.71% | 99.71% | 99.71%
Indirect |  | 0.29% | 0.29% | 0.29%
Total |  | 100.00% | 100.00% | 100.00%
Technical Trainning LATAM S.A. [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | 96.847.880-K |  |
Country of origin |  | Chile |  |
Functional Currency |  | CLP |  |
Direct |  | 99.83% | 99.83% | 99.83%
Indirect |  | 0.17% | 0.17% | 0.17%
Total |  | 100.00% | 100.00% | 100.00%
Latam Finance Limited [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | Foreign |  |
Country of origin |  | Cayman Insland |  |
Functional Currency |  | US$ |  |
Direct |  | 100.00% | 100.00% | 0.00%
Indirect |  | 0.00% | 0.00% | 0.00%
Total |  | 100.00% | 100.00% | 0.00%
Peuco Finance Limited [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | Foreign |  |
Country of origin |  | Cayman Insland |  |
Functional Currency |  | US$ |  |
Direct |  | 100.00% | 100.00% | 0.00%
Indirect |  | 0.00% | 0.00% | 0.00%
Total |  | 100.00% | 100.00% | 0.00%
Profesional Airline Services INC. [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | Foreign |  |
Country of origin |  | U.S.A. |  |
Functional Currency |  | US$ |  |
Direct |  | 100.00% | 100.00% | 0.00%
Indirect |  | 0.00% | 0.00% | 0.00%
Total |  | 100.00% | 100.00% | 0.00%
Jarletul S.A. [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. |  | Foreign |  |
Country of origin |  | Uruguay |  |
Functional Currency |  | US$ |  |
Direct |  | 99.00% | 0.00% | 0.00%
Indirect |  | 1.00% | 0.00% | 0.00%
Total |  | 100.00% | 0.00% | 0.00%
TAM S.A. and Subsidiaries [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Tax No. | [1] | Foreign |  |
Country of origin | [1] | Brazil |  |
Functional Currency | [1] | BRL |  |
Direct | [1] | 63.0901% | 63.0901% | 63.0901%
Indirect | [1] | 36.9099% | 36.9099% | 36.9099%
Total | [1] | 99.9993% | 99.9993% | 100.00%
[1] | As of December 31, 2018, the indirect participation percentage over TAM S.A. and Subsidiaries comes from Holdco I S.A., a company over which LATAM Airlines Group S.A. it has a 99.9983% share on economic rights and 49% of political rights its percentage arise as a result of the provisional measure No. 714 of the Brazilian government implemented during 2016 that allows foreign capital to have up to 49% ownership. In this way, since April 2016, LATAM Airlines Group S.A. owns 901 shares with the right to vote of Holdco I S.A., which is equivalent to 49% of the total shares with voting rights of said company and TEP Chile S.A. owns 938 shares with the right to vote of Holdco I S.A., which is equivalent to 51% of the total shares with voting rights.

X
- Definition The country in which a subsidiary of the entity is incorporated. [Refer: Subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2018-01-01 -Paragraph 16 -Subparagraph b -Clause ii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2018-03-01&anchor=para_16_b_ii&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2018-01-01 -Paragraph 17 -Subparagraph b -Clause ii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2018-03-01&anchor=para_17_b_ii&doctype=Standard -URIDate 2018-03-16 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2018-01-01 -Paragraph 12 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2018-03-01&anchor=para_12_b&doctype=Standard -URIDate 2018-03-16 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2018-01-01 -Paragraph 19B -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2018-03-01&anchor=para_19B_b&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_CountryOfIncorporationOrResidenceOfSubsidiary
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The description of the currency of the primary economic environment in which the entity operates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 21 -IssueDate 2018-01-01 -Paragraph 53 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=21&date=2018-03-01&anchor=para_53&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 21 -IssueDate 2018-01-01 -Paragraph 57 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=21&date=2018-03-01&anchor=para_57_c&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DescriptionOfFunctionalCurrency
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The name of the reporting entity or other means of identification. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 51 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_51_a&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_NameOfReportingEntityOrOtherMeansOfIdentification
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2018-01-01 -Paragraph 17 -Subparagraph b -Clause iii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2018-03-01&anchor=para_17_b_iii&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2018-01-01 -Paragraph 16 -Subparagraph b -Clause iii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2018-03-01&anchor=para_16_b_iii&doctype=Standard -URIDate 2018-03-16 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2018-01-01 -Paragraph 19B -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2018-03-01&anchor=para_19B_c&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_ProportionOfOwnershipInterestInSubsidiary
Namespace Prefix: | ifrs-full_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The proportion of direct ownership interest in a subsidiary attributable to the entity. + References No definition available. + Details
Name: | ltm_ProportionOfDirectOwnershipInterestInSubsidiary
Namespace Prefix: | ltm_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The proportion of indirect ownership interest in a subsidiary attributable to the entity. + References No definition available. + Details
Name: | ltm_ProportionOfIndirectOwnershipInterestInSubsidiary
Namespace Prefix: | ltm_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_LatamTravelChileSAandSubsidaryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_InmobiliariaAeronauticaSAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_LanPaxGroupSAandSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_LanPeruSAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_LanCargoSAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_ConnectaCorporationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_PrimeAirportServicesIncandSubsidaryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_TransporteAereoSAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_FastAirAlmacenesdeCargaSAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_LaserCargoSRLMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_LanCargoOverseasLimitedandSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_LanCargoInversionesSAandSubsidaryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_InversionesLanSAandSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_TechnicalTrainningLATAMSAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_LatamFinanceLimitedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_PeucoFinanceLimitedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_ProfesionalAirlineServicesINCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_JarletulSAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=ltm_TAMSAAndSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |