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Merger fixed between Brazilian company TAM and Chilean company LAN

Santiago, Chile - Expected for next year

The merger between two major South American airlines is being fixed following last year's announcement; according to Ignacio Cueto's expectations, CEO of the Chilean air company LAN Airlines, declared ??yesterday during a forum held in the capital Santiago, the operation with Brazil's TAM Airlines should happen in the first quarter of 2012. This transaction had been challenged in Chile by Conadecus...

AVIONEWS - World Aeronautical Press Agency - 1134140

AVIONEWS - World Aeronautical Press Agency
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