Consolidation, Demand Push LAN/TAM Merger
By Darren Shannon darren_shannon@aviationweek.com
Increased demand for air transport across Latin America and the growing trend of consolidation among the world’s largest airlines prompted LAN Airlines’ proposed merger with Brazilian airline group TAM, according to top executives at both operators.
The all stock deal, which the two family-owned companies expect to be approved six to nine months after their Aug, ...
