The boards of directors at Chileâ€™s LAN Airlines and Brazilian operator TAM have backed a binding agreement that, if approved by shareholders and regulators, will create one of the worldâ€™s largest carriers as soon as August. Under the plan unveiled Jan. 19, LAN Airlines eventually will assume a controlling role within the new company, as well as the new name Latam Airlines, while TAM eventually will be folded into the new company structure. Latam Airlines also will assume LANâ€™s current ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Boards Approve LANâ€™s Merger With TAM".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.