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LAN will seek another partner if TAM deal fails

30-May-2011 12:27 PM

LAN announced it will seek another partner or explore other options to expand internationally if a Chilean antitrust tribunal rules against its planned merger with Brazil’s TAM (Reuters, 28-May-2011). The proposed merger would create Latin America’s largest carrier and is currently under review from Chile’s antitrust regulator. If the antitrust body rules against the merger, LAN will look for a “second best” partner. “We could start conversations with Gol, although that company may not be available and its international reach is not comparable to TAM’s,” stated LAN COO, Ignacio Cueto.