Skift Take
Once this deal & other mergers are, nearly 80% of capacity in South America will be controlled by only four airline groups, and lot more is expected to come.
Latin American airline groups LAN and TAM have finally completed their historic merger, creating a single powerful group which accounts for about one-third of total capacity in the fast-growing South American market.
The merger also has global implications for the alliances as Star, oneworld and SkyTeam await Latam’s formal selection.
Tags: latam