Chilean antitrust tribunal TDLC approved the merger of Chile's LAN Airlines and Brazil's TAM Wednesday, though it cautioned that the carriers must agree to a number of conditions before combining under LATAM Airlines Group, the single holding company that will own them both. LATAM will operate passenger and cargo flights to 115 destinations in 23 countries with more than 280 aircraft. It will employ more than 40,000 workers. The airlines plan to maintain independent brands ...

Subscribe to Access this Entire Article

"LAN, TAM gain conditional antitrust approval for merger" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.