Chile's Free Competition Defence Court approves JBAs between LATAM and American Airlines and LATAM and IAG
01 Novembre 2018 - 12:08AM
Santiago, Chile,
31 October 2018 - Chile's Free Competition Defence Court
(TDLC) today approved the Joint Business Agreements (JBAs) between
LATAM Airlines Group and American Airlines and International
Airlines Group (IAG - the holding company of British Airways and
Iberia) respectively, for both passenger and cargo businesses.
"This decision,
in principle, is an important precedent for aviation in our region.
As has been demonstrated in other parts of the world where JBAs are
already a reality, this is an opportunity to ensure growth for the
industry, increase passenger traffic and bring Chile closer to the
world as well as promote tourism, business travel and the economy
through aviation," said Enrique Cueto, CEO of
LATAM Airlines Group.
ENG - TDLC approves JBAs between
LATAM and AAL and LATAM and IAG
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information contained therein.
Source: LATAM Airlines Group via Globenewswire
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