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 ...
"Printer-friendly" 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.