LAN and TAM to merge and create LATAM Airlines Group

Yesterday, LAN Airlines (Chile) and TAM Airlines (Brazil) signed a non-binding MoU to signal their intentions to form a single company, Latam Airlines Group, which would keep both brands separate.

A sampling of news items:

Bloomberg story

Reuters wrapup #2

BBC story

Planned merger completion by mid-2011 (FlightGlobal)

Final association to global alliance not yet resolved (FlightGlobal)

- HL, 2335h CLT, 14 Aug 2010.

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