Tag Archives: 363

LAN Airlines to retire the last Airbus A340-300

LAN Airlines (Chile) (Santiago) is getting ready to replace its aging Airbus A340-300s (above) with the new Boeing 787-9 Dreamliners (below). The venerable A340s are currently assigned to the long-range Santiago-Auckland-Sydney Southern Hemisphere trans-Pacific route.

The last regularly-scheduled revenue flight is currently scheduled for the morning of April 17 when flight LA 800 arrives from Auckland at 11:35 am (1135) in Santiago. However the A340 may be kept as a reserve aircraft after this last scheduled flight, pending any last minute changes.

The Chilean carrier took delivery of its first stretched Boeing 787-9 Dreamliner (CC-BGA) on February 5.

In other news, LAN Airlines on January 27, 2016 will start to operate a weekly Boeing 787 flight on the Santiago-Caracas-Miami (on Wednesdays) route per Airline Route.

Top Copyright Photo: Alvaro Romero/AirlinersGallery.com. Airbus A340-313 CC-CQC (msn 363) arrives back at the Santiago (SCL) hub.

LAN Airlines (Chile) aircraft slide show: AG Airline Slide Show

Bottom Copyright Photo: Steve Bailey/AirlinersGallery.com. Boeing 787-9 Dreamliner CC-BGB (msn 35318) prepares to depart from Paine Field on a test flight on March 6. It is pending delivery to the carrier.

LAN acquires TAM, becomes the LATAM Airlines Group

LAN Airlines S.A. (Santiago) (which has been renamed LATAM Airlines Group S.A.) and TAM S.A. (Sao Paulo) on June 22 completed their exchange offer. The acquisition has created the LATAM Airlines Group S.A. LATAM Airlines Group S.A. will offer passengers more flights to more destinations than any other affiliated group of airlines in South America, initially reaching about 150 destinations in 22 countries and transporting cargo to 169 destinations in 27 countries.

As previously announced, the transaction was carried out through an exchange offer in which TAM’s shareholders could elect to exchange their TAM shares for LAN shares at a ratio of 0.9 LAN shares for each TAM share. The offered LAN shares will be delivered in the form of BDRs (Brazilian Depositary Receipts) in Brazil and ADRs (American Depositary Receipts) in the United States. The exchange offer, which was materialized with the auction on June 22, 2012, was subject to the condition that more than 2/3 of the TAM shares that participate in the offer agree with the deregistration of TAM as a public company in Brazil. This delisting condition was satisfied when 99.9% of the participant shares agreed with TAM’s deregistration. The tendered shares together with the TAM shares committed by the TAM Controlling Shareholders represented 95.9% of the total outstanding shares of TAM.

According to this report by Reuters, LATAM Airlines will decide within the next six months which airline alliance it will stay with. Currently LAN is a member of the OneWorld alliance, while TAM belongs to Star Alliance.

Read the full report: CLICK HERE

Top Copyright Photo: Alvaro Romero.

LAN Airlines: 

TAM Linhas Aereas: 

Bottom Copyright Photo: Marcelo F. De Biasi.