LAN Airlines expects its merger with Brazil’s Grupo TAM to be completed in March as part of an expansion plan, under which the Santiago-based operator will also formally launch its LAN Colombia brand in December. The merger received a boost late yesterday with a new accord between LAN and Chilean carrier PAL Airlines that resolves a dispute over the merger’s antitrust implications. According to LAN, PAL accepts the understanding that the larger carrier’s merger with TAM is not ...
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