Chile’s Constitutional Court has deferred until Aug. 31 a decision on whether it will hear a claim by Chilean domestic carrier PAL Airlines against LAN Airlines’ proposed merger with Brazil’s Grupo TAM. If the court, which was scheduled to issue its decision Aug. 24, proceeds with the case, it could delay the merger beyond the early 2012 date currently planned by the airlines, although TAM just two weeks ago suggested the case will not affect its schedule (Aviation Daily, Aug. 12).
ACCESS THIS PREMIUM CONTENT
"Chile Court Delays Decision On Latam Merger Case" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…