Just 20 years ago, Santiago experienced a wave of booming business with LAN Airlines, Microsoft and Yahoo! setting up shop in the city. Although Chile enjoyed rapid economic growth over the years, it is currently seeing a dip in its gross domestic product for the first time in decades. According to the International Monetary Fund, Chile’s GDP saw an average growth of 5.2 percent from 1987 to 2015 but is expected to slow to 1.5 percent in 2016. In part, a shifting dependency on the country’s leading export of copper after its gradual devaluation is to blame. Chile is responding to the dip by changing its focus to a post-copper economy with an increase of mining-related goods and services.
Though air travel slowed as airports temporarily closed and borders shuttered to stifle the spread of coronavirus, the airline industry — led by oneworld alliance member airlines — enacted enhanced protective measures to reduce risk and protect passengers.
Nestled between sandy Pacific beaches and the snow-dusted Andes Mountains, Santiago is Chile’s largest city, home to more than 5 million. Founded in 1541 by conquistador Pedro de Valdivia, the capital city is a vibrant metropolis where skyscrapers like Gran Torre Santiago, the tallest building in Latin America, soar over colonial mansions. In addition to South America’s most important financial centers, this dynamic city boasts countless cultural attractions and convenient access to ski centers, wineries and outdoor activities.