LAN Expecting Approval on TAM Merger in 2011

Chile’s LAN Airlines expects approval on a planned merger with Brazil’s TAM Airlines in the coming year, according to a top executive.

 

In a recent radio interview, LAN Chief Operating Officer Ignacio Cueto said that the airlines are hopeful they will begin working together by mid-2011.

 

That statement comes as local media outlets report fears among regulators that the merger would give LAN nearly complete control over the Santiago-Sao Paulo route.

 

The merger, which was originally announced in August, needs approval from regulators in both countries.

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