Daily Archives: December 22, 2011

LAN-TAM merger beneficial to Latin American airline industry

After more than a year since Chilean carrier LAN Airlines SA and Brazil’s TAM SA announced its US$3.2 billion merger in August 2010 that, according to Bloomberg data, will create the largest Latin American airline as well as the world’s second-largest airline by market capitalisation at US$11 billion, after Air China whose market value stands at US$11.3 billion, the airlines

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