LATAM Airlines moves to ease Chile regulator fears on IAG deal [Reuters]
LATAM AIRLINES GROUP (LFL)
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latamairlinesgroup.net
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Source: Reuters
SANTIAGO May 10 LATAM Airlines will increaseseats on flights between Chile and North America and Europe, andadd a new route to North America, it said on Wednesday, as itseeks to win regulatory approval for a deal with IAG's BritishAirways and Iberia and American Airlines Group. The carriers, all members of the Oneworld Alliance, signed adeal in January 2016 to coordinate flight schedules and prices. Brazil, Uruguay and Colombia have already approved the deal,with some restrictions to ensure passenger choice in LatinAmerica. Chile's competition tribunal is expected to rule on thedeal in coming weeks. LATAM Airlines also said it would also take steps tomaintain competition on flights between Santiago and Madrid andMiami. "These commitments are more than sufficient and resolvecompletely the competition risks," LATAM said in a statement. In November, Chile's anti-competition regulator raisedconcerns, saying that the operation could increase fares andaffect
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