LATAM Airlines Group

Azul SA is involved in the operation of regular and non-regular airline passenger services, cargo or mail, passenger charter, provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition and lease, development of frequent-flyer programs, development of related activities and equity holding in other companies. The Company considers that it has a single reportable segment which is air transport.

Avianca Holdings SA is a company that represents the integrated operation of several airlines that operate nationally and internationally. The company holds investments primarily in passenger airlines, cargo airlines and related activities including tourism, engineering, maintenance and specialized maintenance services. The company has two reportable segments, Air transportation, and Loyalty. The company offers scheduled air passenger transportation services within Colombia and to Central America, North America, South America, and Europe. The company generates the majority of its revenue from Air transportation segment.

Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.