Brazilian regulators have given LAN Airlines and Grupo TAM 90 days to decide with which carrier alliance the merged Latam Airlines will be affiliated. The mandate is part of an approval issued by the Conselho Administrativo de Defesa Economica (CADE) that allows the two airlines to proceed with a merger that will create Latam Airlines, the region’s largest operator and one of the world’s most valuable airlines by market capitalization. TAM and LAN, which are currently members of Star ...
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