A part of Chile at Miami airport
As the first operator within Miami airport's foreign trade zone (FTZ) magnet site, Latam Airlines Group has begun to ship its aircraft parts from Chile to its local maintenance facility for repair and then send them back to South America, all without paying federal import taxes.
Ricardo Zuniga, supply chain and logistics director at Latam Airlines USA: "We are very proud and excited to be the first airline to achieve this important certification at MIA. This opens the door to significant benefits and savings opportunities for cross-docking technical materials entering and leaving the United States. In the long run, this certification is going to provide Latam Airlines with further opportunities to expand in the FTZ."
The MIA FTZ magnet site, approved by the US department of commerce before the pandemic, is an expansion of Miami-Dade County’s existing FTZ 281 granted to Port Miami. (ah)