LAN-TAM merger hit by further stumbling block in Chile
September 1, 2011
The proposed merger of LAN Airlines of Chile and Brazilian counterpart TAM Airlines has hit a further delay as a Chilean Constitutional Tribunal confirmed it would delay its decision in the matter.
Following a meeting earlier, tribunal officials said a decision on whether to formally take up a complaint by local airline PAL against the planned merger would be announced soon.
View the full article in Breaking Travel News here