Fusion LAN and TAM airline "will take 4 or 5 months"
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Fusion LAN and TAM airline "will take 4 or 5 months"

Lan : Burkina Faso | Sep 22, 2011 at 8:52 AM PDT
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Latin Airlines Fly Higher After Merger News

The president of the Chilean airline LAN, Ignacio Cueto said the company's merger with Brazil's TAM will take between four and five months after it was approved Wednesday by the Court of Defense of Free Competition.

The merger, which results in the largest airline in the region should be concrete in the first quarter of 2012, Cueto said at a seminar in Santiago.

The new airline, to be called Latam, have a market value of about U.S. $ 2,140 million.

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People wait in line at the counter for LAN airlines at the airport in Lima
People wait in line at the counter for LAN airlines at the airport in Lima
kingston23 is based in Karāchi, Sind, Pakistan, and is a Reporter on Allvoices.
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