LAN CARGO Announces Plans for New Cargo Operations in Colombia
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LAN CARGO Announces Plans for New Cargo Operations in Colombia
http://www.businesswire.com/portal/s...45&newsLang=en
May 12, 2008 09:36 AM Eastern Daylight Time
LAN CARGO Announces Plans for New Cargo Operations in Colombia
SANTIAGO, Chile--(BUSINESS WIRE)--LAN CARGO S.A. (“LAN Cargo”), cargo subsidiary of LAN Airlines S.A. (“LAN” or “the Company”) (NYSE: LFL)(IPSA: LAN), today announced that on May 9, 2008 it presented to the Colombian aviation authorities a formal proposal for the creation of a new cargo airline in that country. LAN CARGO’s proposal is subject to the approval of the Colombian and other governmental authorities and, if approved, LAN CARGO will have a period of 12 months to launch its subsidiary’s operations.
Colombia is currently the largest air cargo market in Latin America in terms of exports to the United States, with an estimated volume of 200 thousand tons annually. Through the launch of an affiliate company in Colombia, LAN CARGO will be able to contribute significantly to the development of this important market. The establishment of a subsidiary in Colombia will allow LAN CARGO to integrate the country to its broad network of routes within the region, also providing connectivity to the United States and Europe with its modern fleet of Boeing 767-300F freighter aircraft.
LAN CARGO currently has cargo affiliates in Brazil and Mexico and operates a network that covers approximately 75 destinations worldwide. “The creation of this new subsidiary furthers the consolidation of our cargo network, effectively connecting the main productive centers and markets in the region, while reaffirming our objective of uniting Latin America with the rest of the world,” stated Cristian Ureta, CEO of LAN CARGO.
About LAN.
May 12, 2008 09:36 AM Eastern Daylight Time
LAN CARGO Announces Plans for New Cargo Operations in Colombia
SANTIAGO, Chile--(BUSINESS WIRE)--LAN CARGO S.A. (“LAN Cargo”), cargo subsidiary of LAN Airlines S.A. (“LAN” or “the Company”) (NYSE: LFL)(IPSA: LAN), today announced that on May 9, 2008 it presented to the Colombian aviation authorities a formal proposal for the creation of a new cargo airline in that country. LAN CARGO’s proposal is subject to the approval of the Colombian and other governmental authorities and, if approved, LAN CARGO will have a period of 12 months to launch its subsidiary’s operations.
Colombia is currently the largest air cargo market in Latin America in terms of exports to the United States, with an estimated volume of 200 thousand tons annually. Through the launch of an affiliate company in Colombia, LAN CARGO will be able to contribute significantly to the development of this important market. The establishment of a subsidiary in Colombia will allow LAN CARGO to integrate the country to its broad network of routes within the region, also providing connectivity to the United States and Europe with its modern fleet of Boeing 767-300F freighter aircraft.
LAN CARGO currently has cargo affiliates in Brazil and Mexico and operates a network that covers approximately 75 destinations worldwide. “The creation of this new subsidiary furthers the consolidation of our cargo network, effectively connecting the main productive centers and markets in the region, while reaffirming our objective of uniting Latin America with the rest of the world,” stated Cristian Ureta, CEO of LAN CARGO.
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A new chapter in LAN vs. "Pulpo TACA"
Cargo out of Colombia? New competion for all those Turbo Commanders and Aerospatiale Caravelles flying north at 500' MSL? El dinero no apesta.
Cargo out of Colombia? New competion for all those Turbo Commanders and Aerospatiale Caravelles flying north at 500' MSL? El dinero no apesta.
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Not nice
Panama Jack I am reading with surprise your bad taste joke about the cargo out of Colombia, I have been in this forum for a while, and your posts had been most of the time inteligent and acurate, this time you really screw it up.
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Oh well, nobody is perfect. A failed attempt at humor. 
I recall though years ago having heard that some controllers on a Caribbean Island referring to Avianca as "The Coke Machine" (due to it's swirly livery, and for other reasons).
I recall though years ago having heard that some controllers on a Caribbean Island referring to Avianca as "The Coke Machine" (due to it's swirly livery, and for other reasons).
Last edited by Panama Jack; 13th May 2008 at 18:37.
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Slightly off topic - I still recall the Avianca accident at JFK back in 1990
A guy with two broken legs and two broken arms was trying to convince the paramedics that he was fine and that his friends in NYC would come and pick him up or was that just an urban legend??
A guy with two broken legs and two broken arms was trying to convince the paramedics that he was fine and that his friends in NYC would come and pick him up or was that just an urban legend??
