01-Feb-2010 5:58 PM

TAM reportedly planning to purchase stake in LAN; US Airways CEO calls for consolidation

Analysis

The majority of North and South American carriers' stocks were down on Friday (29-Jan-2010), moving with the wider market. The Dow (-0.5%) ended trading down, despite early gains on stronger than expected economic growth in the US in 4Q2009, growing at its fastest pace in over six years.

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TAM reportedly planning to purchase stake in LAN; US Airways CEO calls for consolidation

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