TAM, LAN Merger On Track For Q2 2011 Close

By Andrew Compart

Brazil-based TAM and Chile-based LAN have completed the due diligence on their merger deal and remain on track to consummate the transaction between April and June next year, TAM President Libano Barroso says.

Barroso, speaking at The Airline Profitability Summit in Montreal Oct. 14, says integration teams at both carriers still are working out the details for the definitive ...

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