Merger of LAN and TAM will create Latin American giant to rival industry leaders
Chile-based LAN’s attempt to create a global powerhouse by merging with Brazilian operator TAM seems likely to have a dramatic impact on Latin America’s most important market—Brazil—and its largest competitor—GOL. Still, a lack of details has left many wondering exactly how large the competitive impact of a giant called Latam Airlines Group will have on the region. The formation of Latam is still in its infancy, and final details are expected to take about three months to negotiate. But ...
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