Lan Tam merger
Gents
Lan finally got his dream to enter the brazilian market,by buying 20% of Tam (the max allowed by brazilian law). According to the news it will be the third biggest airline by stock market value. The new group will be named Latam airlines,and they will operate independently like Airfrance -KLM. 220 aircraft 115 destinations and 40.000 employees. what this means for us pilots? will see. Lan y brasileña TAM se unen y crean la tercera aerolínea más valiosas del mundo | Negocios | LA TERCERA |
Lan, Tam Drop as Tie-up Faces Delay on Antitrust Probe
Link below
"Lan Airlines SA fell the most in two years in Santiago, while Tam SA led declines in the Bovespa, on concern that a review by antitrust regulators in Chile will hold up Lan’s $3.9 billion purchase of the Brazilian carrier." Lan, Tam Drop as Tie-up Faces Delay on Antitrust Probe - Bloomberg |
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