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.
For years LAN Chile has dominated the Chilean airways, but recent reports suggest Uruguayan based airline Pluna is hoping to open up new domestic flights within Chile, increasing the competition already offered by Sky airlines and PAL airlines.
The number of Chileans choosing to travel abroad by air in the summer months has increased by 17% from last year, and is double the number who travelled in 2001.
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.
Chile’s main airline LAN announced Friday it would raise its international air fares by between 8 and 12” because of higher global oil prices.
The Brazilian National Civil Aviation Agency (ANAC) has published its operational data for the month of January 2011.
The Chilean airline Lan announced that it has agreed with the Brazilian airline TAM the terms for the merge of the two airlines, which will take place in the next six to nine months
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.
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.
Two major South American airlines announced on Friday plans to merge and create the biggest carrier in the region. Brazil's largest airline TAM Linhas Aereas will be teaming up with Chile's LAN.