LAN Airlines and TAM officially completed their merger under LATAM Airlines Group Friday, creating a mega-airline company that is expected to control more than 40% of the Latin American air passenger market.
LATAM board of directors chair Mauricio Rolim Amaro, LAN CEO Ignacio Cueto, TAM board chair Maria Claudia Amaro, LATAM CEO Enrique Cueto. Courtesy, LAN Airlines. LAN Airlines and TAM officially completed their merger under LATAM Airlines Group Friday, creating a mega-airline company that is expected to control more than 40% of the Latin American air passenger market (ATW Daily News, April 6). The transaction was carried out through an exchange offer in which TAM’s shareholders ...
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