TAM Airlines (TAM Linhas Aereas) is in talks to acquire a share of LAN Airlines (Santiago) owned by President-elect Sebastian Pinera, Brazilian magazine Exame reported late on Thursday on its website according to Reuters. TAM is interested in acquiring a 19 percent stake in LAN held by Pinera’s holding company Axxion.

News link:

www.reuters.com/article/idCNN2914427120100129?rpc=44

Copyright Photo: Bruce Drum.