Sunday, March 4, 2012

Brazil approves TAM-LAN merger

BRASILIA, Brazil (AP) — Brazil's antitrust regulator has approved the merger between TAM Airlines and LAN of Chile.

The merged company will be Latin America's largest airline, known as Latam.

The antitrust regulator says in a Wednesday statement that the two companies must give another airline two takeoff and landing slots at Sao Paulo's international airport …

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