LAN Cargo said yesterday that it has presented a formal proposal to Colombian aviation authorities to launch a new cargo airline in that country. The airline said that if it gains approval, the new carrier will begin operations within 12 months. "Colombia is currently the largest air cargo market in Latin America in terms of exports to the United States, with an estimated volume of 200,000 tons annually," LAN said in a statement. "The establishment of a subsidiary in Colombia will allow LAN ...

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