Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
LATAM Airlines Group SA is one of the largest air transport groups in Latin America. It operates in multiple countries in South America, and helps bring better connectivity within the region. Additionally, it has entered agreements with operators in the industry to help reach more global destinations. Revenue is generated from transporting passengers and cargo and utilizing a network of freighters..