LATAM and Delta announced back in September (read more here) that the American carrier had taken a 20% stake in its Latin American counterpart that would exit Oneworld Alliance in due course.
Oneworld affiliated airlines need to give 12 months’ notice if they decide to withdraw from the alliance. Qantas has now confirmed that the last day of LATAM’s Oneworld membership is September 30, 2020.
Here’s an announcement from Qantas:
Note: LATAM has given notice that they will exit oneworld on 1 October 2020. Until this date passengers will continue to receive the oneworld benefits associated with LATAM’s membership. However, Qantas passengers making new bookings for travel from 1 October 2020 will no longer earn Status Credits.
Oneworld benefits won’t apply for LATAM operated flights effective October 1, 2020. There could be airlines (Oneworld members) that continue to have a partnership with LATAM past this date, but it is outside of the alliance.
This is a huge bow to the Oneworld that will lose all connectivity within South America, and there are no other airlines with as strong network and presence in multiple countries in the continent as LATAM has.