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
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- USA / FASHION / IMAGES: 3D Animal T-Shirts...Standout.
- BRASIL: Lula's Longtime Aide Dirceu...Convicted Of Corruption; 7,500 Troops Sent To Borders In Crackdown Operation 'Agata 6.'
- BRASIL: Strike Stops Amazon's Massive Belo Monte Dam Construction.
- BOLIVIA: Thousands Protest Food Hikes.
- MEXICO / USA : Charlie Rose VIDEO: 3 Journalists On Pena Nieto, Calderon, Narcos and Security.
- CHILE : 13 Sept UPDATE: Cop Killed, 26 Injured, 255 Arrested During Allende Coup Anniversary Violence; Court Confirms His 1973 Coup Suicide.
- BRASIL : Lula's New Look: No Hair...No Beard...But Keeps the 'Stache.
- POLAND : 08 May UPDATE: Talisman And Marathon Exit Shale Search; Shale Gas Fracking Proceeds...Despite Residents' Fears.
- VENEZUELA : Maduro's Vote Count Shrinks; Opposition Leader Gen. Rivero Arrested; 01 May Marches Could Turn Violent.