Tag: Ignacio Cueto

• Friday, April 22nd 2016 - 07:55 UTC

  Lan's CEO agrees to pay fine in the US to settle charges involving operations in Argentina

  

  Chile's LAN Airlines CEO will pay a US$75,000 fine to settle charges that he authorized improper payments to Argentina union officials to persuade them to ease their demands in a labor dispute, the U.S. Securities and Exchange Commission.

• Thursday, August 29th 2013 - 02:56 UTC

  Argentine judge blocks hangar eviction of Lan from Buenos Aires air terminal

  

  An Argentine judge on Wednesday granted an injunction blocking the eviction of LAN Argentina, a unit of Chile-based LATAM Airlines Group, from its hangar at Buenos Aires Jorge Newbery Airport, which handles domestic and regional flights.

• Monday, September 3rd 2012 - 06:40 UTC

  LAN first company in the Americas to take delivery of Boeing 787 Dreamliner

  

  Chilean flag carrier LAN became the fourth airline in the world – and the first airline in the Americas –to take delivery of a Boeing 787 Dreamliner. The handover ceremony took place at Boeing 787 production line at Everett, state of Washington.

• Sunday, June 24th 2012 - 15:02 UTC

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

  

  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.

• Thursday, December 15th 2011 - 15:32 UTC

  Lan-Tam clears Brazil antitrust regulator, becomes world’ second largest carrier

  

  Chile Lan Airlines planned 3.2 billion dollars acquisition of Tam SA was approved by Brazil’s antitrust regulator, clearing the final regulatory hurdle for the formation of the world’s second-largest carrier.

• Monday, December 5th 2011 - 22:20 UTC

  Chilean carrier launches fourth affiliate Lan Colombia

  

  LAN Airlines, Chile’s flag carrier made the official launching of its fourth affiliate under the name of Lan Colombia, becoming the second largest airline in the country with 22 domestic destinations, including Cartagena, Cali and Medellín.

• Monday, September 26th 2011 - 03:53 UTC

  LAN assessing regulator’s tough conditions for the takeover of Brazil’s TAM

  

  LAN Airlines said it hopes its multibillion-dollar takeover of Brazil's TAM will be completed in the first quarter of 2012, but it is studying conditions imposed by Chile's regulator.

• Wednesday, June 1st 2011 - 09:02 UTC

  LAN will seek another partner to expand globally if merger with Brazil’s TAM falls

  

  Chile's LAN Airlines will seek another partner or explore other options to expand internationally if a local antitrust tribunal rules against a planned merger with Brazil's TAM, according to an interview published by leading daily El Mercurio.

• Monday, December 27th 2010 - 08:57 UTC

  LAN and TAM ready to become Latam’s largest airline

  

  Chile's flag carrier LAN expects its planned merger with Brazil's TAM to clear regulatory hurdles and take flight in mid-2011, a top executive of the Chilean airline said in a radio interview on Friday.