LanChile Buys 57 Percent Stake In Competitor Ladeco

LanChile has acquired a 56.9% stake in Chilean competitor Ladeco for $22 million. The transaction, which Bob Booth, editor of Aviation-Latin America&Caribbean, told The DAILY has been finalized, came two weeks after Chile's Antimonopolies Board approved the merger of the two airlines. LanChile...

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