LAN Airlines no longer expects to finalize its merger with Grupo TAM by the end of the first quarter and will make no public comment on a new date for consolidation until mid-April at the earliest. The airlines, which have deferred their merger several times because of regulatory reviews and lawsuits opposing their union, have for months said the deal will be completed by the end of March. Then, during LAN’s fourth-quarter results conference call in February, LAN executives said the ...


"LAN’s Merger With TAM Slips Into Second Quarter" 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…

Already registered? here.