Ignacio Plaza - LATAM Airlines Chairman of the Board

LTM Stock  CLP 13.04  0.45  3.34%   

Chairman

Mr. Ignacio Javier Cueto Plaza serves as Chairman of the Board of LATAM Airlines Group S.A, since May 9, 2017. Prior to this, he has served as Chief Executive Officer of LAN Airlines from 2012. His career in the air industry spans more than 25 years. In 1985, he was appointed VicePresident for Sales at Fast Air Carrier. He later took on a leadership role in the companys commercial and services areas in the North American market. In 1997 he joined the board at LAN, and also took over as General Manager at LAN CARGO. He was made responsible for General Management of Passenger Services at LAN in 1999, and in 2005 became General Manager of the company as a whole a position that he held through to the finalization of the merger with TAM. since 2017.
Tenure 7 years
Phone56 22 565 2525
Webhttps://www.latamairlinesgroup.net

LATAM Airlines Management Efficiency

LATAM Airlines' management efficiency ratios could be used to measure how well LATAM Airlines manages its routine affairs as well as how well it operates its assets and liabilities.
LATAM Airlines Group has accumulated 2.58 B in total debt. LATAM Airlines Group has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist LATAM Airlines until it has trouble settling it off, either with new capital or with free cash flow. So, LATAM Airlines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like LATAM Airlines Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LATAM to invest in growth at high rates of return. When we think about LATAM Airlines' use of debt, we should always consider it together with cash and equity.
LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Peru, Argentina, the United States, Europe, Colombia, Brazil, Ecuador, Chile, the Asia Pacific, and rest of Latin America. On May 26, 2020, LATAM Airlines Group S.A., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. LATAM AIRLINES is traded on Commodity Exchange in Exotistan. LATAM Airlines Group (LTM) is traded on Chilean Stock Exchange in Chile and employs 31,354 people.

Management Performance

LATAM Airlines Group Leadership Team

Elected by the shareholders, the LATAM Airlines' board of directors comprises two types of representatives: LATAM Airlines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LATAM. The board's role is to monitor LATAM Airlines' management team and ensure that shareholders' interests are well served. LATAM Airlines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LATAM Airlines' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jerome Cadier, Chief Brazil
Emilio Sota, Senior Vice President of Human Resources
Hernn Pasman, Maintenance Operations
Enrique Plaza, Chief Executive Officer
Nicolas Hirmas, Independent Director
Andrs Eitel, Sr Relations
Roberto Milosawlewitsch, Senior Vice President Planning and Network
Sonia Villalobos, Director
Patrick Horn, Director
Ignacio Plaza, Chairman of the Board
Hernan Pasman, Vice President - Operations, Maintenance and Fleet
Juan Mencio, Senior Vice President of Legal Affairs and Compliance
Juan Plaza, Director
Henri Reichstul, Director
Eduardo Castellon, Independent Director
Paulo Miranda, Vice President - Customers
Carlos Solari, Vice Chairman of the Board
Ramiro Balza, Chief Financial Officer
Martin George, Chief Officer
Juan Menci, VP Compliance
Giles Agutter, Director

LATAM Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is LATAM Airlines a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with LATAM Airlines

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LATAM Airlines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LATAM Airlines will appreciate offsetting losses from the drop in the long position's value.

Moving together with LATAM Stock

  0.87AFPCAPITAL AFP Capital SAPairCorr

Moving against LATAM Stock

  0.65ANDINAA Embotelladora AndinaPairCorr
The ability to find closely correlated positions to LATAM Airlines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LATAM Airlines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LATAM Airlines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LATAM Airlines Group to buy it.
The correlation of LATAM Airlines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LATAM Airlines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LATAM Airlines Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LATAM Airlines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Information and Resources on Investing in LATAM Stock

When determining whether LATAM Airlines Group is a strong investment it is important to analyze LATAM Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact LATAM Airlines' future performance. For an informed investment choice regarding LATAM Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LATAM Airlines Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Please note, there is a significant difference between LATAM Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if LATAM Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LATAM Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.