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Chile approves planned LATAM JVs with American and IAG

November 01, 2018 / GHIM-LAY YEO

Chile's anti-trust tribunal has approved LATAM Airlines Group's proposed joint ventures with American Airlines and IAG, clearing a long-pending hurdle for Latin America's largest airline and its Oneworld partners.The approval from the tribunal, however, comes with conditions. These include requiring LATAM to maintain its capacity on its nonstop routes from Santiago to both Miami and Madrid, and to add capacity on routes to North America and Europe.