Tag: Latam Airlines Group

• Monday, May 20th 2013 - 05:00 UTC

  Lan privileged passengers but will review investments and expects ‘common sense’ from Argentine officials

  

  Lan Chile admitted the company had to yield to the demands from the Argentine company Intercargo, which monopolizes ground services in all the country’s air terminals, so that they could resume normal traffic in Argentina. It also said that it was not leaving Argentine but would review future investments and expects more common sense from local authorities.

• Monday, May 20th 2013 - 04:55 UTC

  Lan back in the air in Argentina after yielding to ground services boycott

  

  Chilean company Lan Airlines said on Saturday it was “gradually resuming” domestic and international flights in Argentina that it had suspended on Friday due to a conflict with state-run Intercargo company. Intercargo said it had re-established the service to Lan after the airline agreed to cancel a debt.

• Saturday, May 18th 2013 - 03:30 UTC

  Argentina forces cancellation of all Lan flights by suspending ground services

  

  LAN Chile halted on Friday all its flights in Argentina until Saturday morning after the state company Intercargo which provides ground support for the airline, unilaterally decided to cancel the service despite court orders to the contrary.

• 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.