Chile’s LAN Airlines said Wednesday the company is “confident” it will complete the merger process with TAM during the first quarter of 2012. Chile's antitrust tribunal (TDLC) last week gave conditional approval for the merger (ATW Daily News, Sept. 22). LAN announced Wednesday that its board asked the TDLC to correct some “numerical calculation errors” about LAN’s yields that led the regulator to “significantly overestimate both the yields ...

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