TAM Linhas Aereas (Sao Paulo) is creating a holding company according to this Reuters report.
Read the full report:
http://www.reuters.com/article/idCNN3121638420100331?rpc=44
In other news, TAM is looking at acquiring 20 aircraft in the 100 to 150-seat range as part of a new plan to expand the operation of recently acquired regional carrier Pantanal Linhas Aereas according to Flightglobal.
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