Tag: LAN

• Friday, April 30th 2010 - 02:49 UTC

  LAN Plans to Invest 2.83 Billion USD in 2010/2013 to Expand its Fleet

  

  LAN (NYSE: LFL), Chile's dominant airline and flag carrier, announced Thursday it would invest 2.83 billion US dollars between 2010 and 2013 to expand its fleet. CEO Jorge Awad told a shareholder meeting the company would invest 500 million USD in 2010 and 1 billion USD in 2011 to purchase both short and long-haul aircraft.

• Friday, April 23rd 2010 - 01:40 UTC

  Chile’s nationalized copper company taps private sector CEO

  

  Chile’s nationalized copper company—and the largest copper company in the world—has a new CEO. Diego Hernández Cabrera, a current executive with International mining giant BHP Billiton, was appointed unanimously this week as CEO by Codelco’s board of executives.

• Wednesday, April 21st 2010 - 16:27 UTC

  Chilean president to sell holding in television network: 160 million USD

  

  Chilean billionaire-businessman-turned-president Sebastian Piñera is in the process of selling Chilevisión, the third most watched television network in the country.