Conselho Administrativo de Defesa Econômica (CADE), Brazil’s competition authority, has approved Qatar Airways’ investment in LATAM Airlines Group, but the regulator has also expressed misgivings about LATAM’s proposed joint venture (JV) with International Airlines Group (IAG). The approval of Qatar Airways taking up to a 10% stake in LATAM worth more than $600 million is welcome news for LATAM, the largest Latin American airline company, which believes foreign ...

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