TAM and LAN, Latin America's biggest airlines, moved one step closer to merger Wednesday Dec 21,2011 in a deal that would form the third-largest airline in the world.
CADE, Brazil's Administrative Council for Economic Defense, unanimously approved the deal, provided the combined airline makes two major concessions -
First, the airline would sacrifice one of the two alliances that Brazil's TAM and Chile's LAN currently hold. LAN is part of the Oneworld alliance, and TAM is a member of the Star Alliance.
Second, the combined airline would have to give up some rights to takeoff and landing authorizations on the Santiago-Sao Paulo route, balancing competition on the routes between the two cities. These arrangements mirror those set by the Brazilian council's counterpart in Chil
CADE, Brazil's Administrative Council for Economic Defense, unanimously approved the deal, provided the combined airline makes two major concessions -
First, the airline would sacrifice one of the two alliances that Brazil's TAM and Chile's LAN currently hold. LAN is part of the Oneworld alliance, and TAM is a member of the Star Alliance.
Second, the combined airline would have to give up some rights to takeoff and landing authorizations on the Santiago-Sao Paulo route, balancing competition on the routes between the two cities. These arrangements mirror those set by the Brazilian council's counterpart in Chil
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