XML 283 R189.htm IDEA: XBRL DOCUMENT
v3.25.0.1

COMMITMENTS (Details) $ in Thousands | Nov. 04, 2024 USD ($) | Nov. 03, 2022 USD ($) | Dec. 31, 2024 USD ($) | Oct. 15, 2024 USD ($) | Jul. 15, 2024 USD ($) bank | Jul. 14, 2024 USD ($) | Dec. 31, 2023 USD ($) | Oct. 18, 2022 USD ($) | Oct. 12, 2022 USD ($)
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Notional amount |  |  | $ 3,794,475 |  |  |  | $ 4,034,783 |  |
Minimum liquidity |  |  |  |  |  |  |  |  | $ 750,000
Exit RCF |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Notional amount |  |  |  |  | $ 750,000 | $ 500,000 |  |  |
Number of banks in lender group | bank |  |  |  |  | 9 |  |  |  |
Term Loan B Facility |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Notional amount |  | $ 1,100,000 |  |  |  |  |  |  |
Borrowings term |  | 5 years |  |  |  |  |  |  |
2027 Notes |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Notional amount |  |  |  | $ 450,000 |  |  |  | $ 450,000 |
Borrowings, interest rate |  |  |  | 13.375% |  |  |  | 13.375% |
2029 Notes |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Notional amount |  |  |  | $ 700,000 |  |  |  | $ 700,000 |
Borrowings, interest rate |  |  |  | 13.375% |  |  |  | 13.375% |
2029 Notes | LATAM Airlines Group S.A. |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Minimum liquidity |  |  |  | $ 750,000 |  |  |  |  |
Spare Engine Facility |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Notional amount | $ 300,000 | $ 275,000 |  |  |  |  |  |  |
Borrowings term | 4 years | 5 years |  |  |  |  |  |  |
Available notional amount | $ 25,000 |  |  |  |  |  |  |  |
Spare Engine Facility | LATAM Airlines Group S.A. |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Minimum liquidity | 750,000 | $ 750,000 |  |  |  |  |  |  |
Spare Engine Facility | TAM Linhas aéreas S.A. |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Minimum liquidity | $ 400,000 | $ 400,000 |  |  |  |  |  |  |
2016 RCF |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Number of banks in lender group | bank |  |  |  |  | 9 |  |  |  |
Committed amount |  |  |  |  | $ 800,000 | $ 600,000 |  |  |
2016 RCF | LATAM Airlines Group S.A. |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Minimum liquidity |  |  |  |  | 750,000 |  |  |  |
2016 RCF | TAM Linhas aéreas S.A. |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Minimum liquidity |  |  |  |  | $ 400,000 |  |  |  |
2030 Notes |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Notional amount |  |  |  | $ 1,400,000 |  |  |  |  |
Borrowings, interest rate |  |  |  | 7.875% |  |  |  |  |
2030 Notes | LATAM Airlines Group S.A. |  |  |  |  |  |  |  |  |
Commitments [Line Items] |  |  |  |  |  |  |  |  |
Minimum liquidity |  |  |  | $ 750,000 |  |  |  |  |

X
- Definition The interest rate on borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2024-01-01 -Paragraph 7 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2024-en-r&anchor=para_7&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_BorrowingsInterestRate
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of financial assets held for managing liquidity risk (for example, financial assets that are readily saleable or expected to generate cash inflows to meet cash outflows on financial liabilities). [Refer: Liquidity risk [member]; Financial assets; Financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2024-01-01 -Paragraph B11E -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2024-en-r&anchor=para_B11E&doctype=Appendix&subtype=B -URIDate 2024-03-27 + Details
Name: | ifrs-full_FinancialAssetsHeldForManagingLiquidityRisk
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The nominal or face amount of a financial instrument, used to calculate payments made on that instrument. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_112_c&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_NotionalAmount
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Available Notional Amount + References No definition available. + Details
Name: | ltm_AvailableNotionalAmount
Namespace Prefix: | ltm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Borrowings, Term + References No definition available. + Details
Name: | ltm_BorrowingsTerm
Namespace Prefix: | ltm_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Commitments + References No definition available. + Details
Name: | ltm_CommitmentsLineItems
Namespace Prefix: | ltm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Committed amount. + References No definition available. + Details
Name: | ltm_CommittedAmount
Namespace Prefix: | ltm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Number of Banks in Lender Group + References No definition available. + Details
Name: | ltm_NumberOfBanksInLenderGroup
Namespace Prefix: | ltm_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=ltm_ExitRCFMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=ltm_TermLoanBFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=ltm_A2027NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=ltm_A2029NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfRelatedPartiesAxis=ltm_LATAMAirlinesGroupSAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=ltm_SpareEngineFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfRelatedPartiesAxis=ltm_TAMLinhasAereasSAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=ltm_A2016RCFMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BorrowingsByNameAxis=ltm_A2030NotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |