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 |
Phone | 56 22 565 2525 |
Web | https://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.Management Performance
Return On Equity | -13.27 | |||
Return On Asset | -0.0096 |
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.
Return On Equity | -13.27 | |||
Return On Asset | -0.0096 | |||
Profit Margin | (0.46) % | |||
Operating Margin | (0.03) % | |||
Current Valuation | 9.25 T | |||
Shares Outstanding | 10.87 B | |||
Shares Owned By Insiders | 30.03 % | |||
Shares Owned By Institutions | 49.06 % | |||
Price To Book | 12.82 X | |||
Price To Sales | 7.42 X |
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
0.87 | AFPCAPITAL | AFP Capital SA | PairCorr |
Moving against LATAM Stock
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.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.