Tag: La-Tam

La-Tam
Sunday, June 24th 2012 - 15:02 UTC

Lan and Tam complete merger to become world’s second largest airline by market value

Chilean Enrique Cueto becomes chief executive of Latam

Chile's LAN Airlines completed a takeover of Brazilian rival TAM on Friday, creating the world's second-largest airline by market value in a deal that executives expect to yield up to 700 million dollars in costs savings within four years.

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