http://in.reuters.com/article/2012/06/22/us-tam-lan-idINBRE85L0UG20120622
Santiago, Chile based LAN Airlines has finally completed the merger with Brasil's TAM...creating the world's second biggest airline...with 2011 combined revenue over $13 bn.
The merger could deliver $700 mn in cost savings over 4 years.
A LAN executive says much of the newly named LATAM airlines activity will now center in rapidly growing Brasil...where fares have plunged as competition from low cost lines has soared.
Now...hopefully new LATAM will make its English language website...easier to use... than LAN's version.
If so...USA travelers to Latin America might opt for it...over Delta, United and bankrupt American.
Popular Posts
- KYRGYSTAN / CANADA : 3 MPs Arrested After Violent Gold Mine Protest.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- EU / SPAIN / PORTUGAL / ITALY / GREECE : Solidarity Strike Causes Travel Misery Across the Eurozone; Clashes/Arrests/Injuries In Athens, Madrid.
- ITALY : Oh, No! Silvio's Spectre Returns.
- HUNGARY: 23 April UPDATE: Hungary Denies Threat To Roma After Red Cross Evacuates 277 Roma From Gyongyospata...Fearing Vigilantes.
- BRASIL:1ST UPDATE: Natives Protesting Hydro Plant Release 5 Of At Least 155 Hostages.
- POLAND: Chopin Contest Attracts Young Asian Pianists.
- PERU: Voters Feel Like They Must Choose Between...Hitler And Darth Vader; Smears Increase Before Vote.
- AUSTIN,TEXAS: Lance Armstrong Still Under Seige For Doping Charges.
- RUSSIA / MOLDOVA / UK : 30 March UPDATE: Gunned Down Exile Banker Gorbuntsov...In Critical Condition In London.