LAN Airlines (Ecuador) is restructuring to cut costs. 55 flight attendants and five administrative staff will lose their jobs. The airline, partly own by LAN Airlines (Chile), is also eliminating the Guayaquil-Miami route this month according to this article by El Universo. Other routes will be reduced in frequency.
Read the full story (in Spanish): CLICK HERE
In other news, the parentย LAN Airlines (Chile) (Santiago) announced that the Chilean Supreme Court confirmed on April 5 the approval granted on September 21, 2011, by the Chilean Antitrust Authority (Tribunal de Defensa de la Libre Competencia (TDLC)) to the merger transaction between LAN and TAM, including the mitigation measures imposed on this transaction. The Supreme Court also rejected LANโs appeal of three of the 14 mitigation measures, which the Company considered to be illegal and unconstitutional.
Copyright Photo: Arnd Wolf.
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