LATAM Airlines Group today announced the reorganization of the company’s senior management structure, which is consistent with worldwide airline industry trends that seek simpler, more efficient and functional administrations that can meet the needs of different markets and tackle increasingly challenging competitive environments.
The group will be restructured to focus on four main areas: customers, revenue, operations and fleet, and finance, which will form the basis of the business strategy and report directly to the company’s CEO, Enrique Cueto.
Each pillar will be led by current LATAM executives, who have an outstanding track record leading strategic projects in the group. In addition, six other areas will report to Cueto: human resources, legal, planning, information technology, safety and corporate affairs.
Enrique Cueto, CEO of LATAM Airlines Group, said:
“This represents one of most significant changes in the wide-ranging transformation of the group and is part of a process to achieve a simpler and more functional structure. With this reorganization, we will be able to optimize our internal synergies and further strengthen the group”.