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 LANâ€™s fourth-quarter results conference call in February, LAN executives said the ...
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