American Airlines and LATAM Airlines Group promise millions of dollars in consumer benefits in their application to US authorities for an immunised joint venture.
The Oneworld Alliance carriers tout up to $273 million in annual benefits from their proposed tie up that would cover flights between the USA and Brazil, Chile, Colombia, Paraguay, Peru and Uruguay if approved, in an application to the US Department of Transportation on 3 April. Benefits include improved connectivity, better passenger amenities and even new routes.
«The [joint venture] will integrate highly complementary route networks—with one anchored in the United States and the other in some of South America’s largest and most vibrant economies—to produce the kind of integrative, pro-competitive efficiencies that the [DOT] has observed from joint businesses implemented elsewhere worldwide,» say American and LATAM…
