Tag: Latam Airlines Group

• Tuesday, November 27th 2012 - 04:41 UTC

  Brazil’s low cost airline Gol cuts 850 jobs and returns 20 Boeing 737-300

  

  Brazil’s low-cost airline Gol announced that it is eliminating the WebJet brand, the rival airline that it took over earlier this year, cutting 850 jobs and reducing domestic capacity in the process.

• Tuesday, August 14th 2012 - 08:27 UTC

  LATAM airlines planning a 359 strong fleet by 2014

  

  Chile's newly merged regional carrier LATAM Airlines said on Monday it would spend 7.87 billion dollars on its fleet through 2014. The airline aims to have a 359-strong fleet by 2014, up from the 319 planes projected for this year.

• Thursday, February 23rd 2012 - 04:13 UTC

  LAN slashes Chile-South America fares to promote tourism and air travel

  

  Chile’s flag-carrier LAN announced that as of Wednesday it will cut Chile-South America fares as much as 40%. For years LAN has used what is known as the low-cost carrier model on its domestic flights, which has greatly reduced fares on its domestic flights and increased traffic.

• Thursday, February 16th 2012 - 07:13 UTC

  Brazil main airline betters profits; prepares to join one of the world’s largest carriers

  

  TAM, Brazil's largest airline, reported a fourth-quarter profit on rising ticket prices, fanning expectations of more profitable operations in the year ahead despite recent cost pressures.

• Wednesday, November 2nd 2011 - 03:53 UTC

  LAN and TAM move ahead with merger to be completed in early 2012

  

  Chilean flag-carrier LAN SA and Brazil's TAM SA have unveiled senior management changes as their plan to merge advances. The merger is expected to be completed in the first quarter, and will see the two airlines taken over by a new holding company, LATAM Airlines Group, the companies said in a statement.

• Wednesday, October 5th 2011 - 08:08 UTC

  Latam’s largest airline merger project appeals several anti-trust conditions

  

  Chile's LAN Airlines and Brazilian carrier TAM have appealed to Chile's top court some of the conditions imposed on their planned merger as the companies push ahead to create one of the world's biggest airlines.

• Friday, August 12th 2011 - 02:27 UTC

  LAN-TAM deal approves first antitrust hurdle in Brazil; complaint in Chile

  

  The antitrust unit of Brazil's Finance ministry on Thursday recommended the approval of a plan by Chilean airline LAN to buy rival Brazilian rival TAM Linhas Aereas, saying the deal will not harm competition in the country's civil aviation market.

• Saturday, March 5th 2011 - 05:47 UTC

  Brazilian regulators approve LAN/TAM merger to become Latam’s largest airline

  

  Brazil's civil aviation authority passed on Thursday the planned combination between Brazilian airline TAM and Chilean rival LAN with no restrictions, giving a boost to their project to create Latin America's largest airline and the third largest in the world.

• Wednesday, January 5th 2011 - 08:55 UTC

  New agreement between LAN and Jetstar

  

  Chile's LAN has announced an agreement with the Australian budget airline, Jetstar, owned by Quantas airways.

• Monday, August 16th 2010 - 04:35 UTC

  Ms Rousseff strongly supports national capital in Brazilian airlines

  

  Brazilian incumbent presidential candidate Dilma Rousseff strongly supported Brazilian majority participation in airlines although admitted not having been in touch with last week’s announcement of a merge between Lan Chile and Tam Brazil to become the largest Latinamerican air carrier.