TAM and LAN yesterday announced agreement on a formalized business alliance for services in South America, to be implemented "within the next months," that apparently will include codesharing, linking loyalty programs and lounge sharing. "TAM will expand its flight [offerings] in South America to include a more complete and diversified network for its passengers. In addition, clients of LAN Alliance companies will enjoy the ease of traveling routes operated by TAM and TAM Mercosur, with ...

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