Tag Archives: LANTAM Airlines Group

American Airlines expands its partnership with the LATAM Airlines Group with new codeshare agreements with TAM and LAN Colombia

American Airlines (Dallas/Fort Worth), which offers more flights to more destinations in Latin America than any other U.S. airline, has signed agreements to codeshare with both TAM Airlines (TAM Linhas Aereas) (Sao Paulo) and LAN Colombia (Bogota), representing a solid stepping stone in building a stronger bilateral relationship between American and LATAM Airlines Group. Once approved, these new codeshare relationships will provide expanded opportunities for American to serve new markets in Brazil and Colombia and for TAM Airlines and LAN Colombia in the United States.

In addition, American plans to operate a new Dallas/Fort Worth (DFW) โ€“ Bogota (BOG) route beginning in late 2013. American will also add service to Curitiba (CWB) and Porto Alegre (POA), Brazil from Miami beginning in late 2013, demonstrating its mission to provide customers with expanded options through a growing network footprint in Latin America. With the addition of Curitiba and Porto Alegre, American will serve nine destinations in Brazil.

Once the codeshare agreements are approved, these new relationships will provide American’s customers seamless connecting service within Colombia and Brazil.ย  At the same time, this partnership will allow TAM and LAN Colombia’s customers access to new destinations in the U.S. such as Boston, Chicago, Dallas/Fort Worth, Las Vegas and Seattle.

TAM operates nearly 5,600 weekly flights to 42 destinations throughout Brazil as well as 18 international destinations in the United States, Latin America and Europe. LAN Colombia operates more than 930 weekly flights to cities throughout Colombia as well as destinations in Brazil and the United States. From its Bogota hub, LAN Colombia offers 134 daily flights, including service to 20 Colombian cities.

American offers codeshare service, with fellowย oneworldยฎย alliance member LAN Airlines, to cities throughout South America from LAN’s hubs in Chile, Argentina, Ecuador and Peru.

The new route between DFW and Bogota complements American’s existing service to Colombia through Miami (MIA), where it offers up to 35 nonstop flights per week to Bogota, Cali and Medellin. American’s MIA and DFW hubs allow it to serve 90 percent of U.S. โ€“ Latin America traffic more efficiently than any other airline’s combination of hubs. American offers more service to South America than any other U.S. airline.

American also offers the most service between North America and Brazil, American currently serves Brazil from Miami to Belo Horizonte, Brasilia, Manaus, Recife, Rio de Janeiro, Salvador and Sao Paulo; from New York JFK to Rio de Janeiro and Sao Paulo; and from Dallas/Fort Worth to Rio de Janeiro and Sao Paulo. In addition, early next year the Dallas/Fort Worth โ€“ Sao Paulo flight will be the first to feature the newest addition to American’s fleet, the Boeing 777-300 ER.

Top Copyright Photo: Bernardo Andrade. Boeing 767-323 ER N354AA (msn 24035) arrives at Rio de Janeiro ‘s Galeao Antonio Carlos Jobim International Airport.

American Airlines:ย AG Slide Show

TAM Linhas Aereas:ย AG Slide Show

Bottom Copyright Photo: Keith Burton. Airbus A330-223 PT-MVC (msn 247) of TAM Linhas Aereas arrives at London (Heathrow).

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 TAMโ€™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,ย 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:ย 

TAM Linhas Aereas:ย 

Bottom Copyright Photo: Marcelo F. De Biasi.