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LATAM Cancels Joint Venture Plans With IAG The LATAM Airlines Group has given up on its plans to form an association with the International Airlines Group (IAG) after having decided to leave the Oneworld alliance. The South American based Airline had decided on Wednesday, December 4th, 2019 to cancel the planned joint venture with the owners of British Airways and Iberia according to Aviation website FlightGlobal. [...] Santiago, Chile – December 6, 2019. “LATAM Airlines Group and International Airlines Group (IAG; the parent company of British Airways and Iberia) have deci
May 24, 2019 Chile‘s Supreme Court overruled the Court of Free Competition’s (TDLC) decision on the JBA between LATAM Airlines Group, American Airlines and IAG, and rejected the JBA proposal (La Tercera/Reuters, 23/24-May-2019). The court decided the combined market-share resulting from the alliance “would be hard to challenge”. The carriers have alternative plans to pursue the partnership in markets other than Chile. https://blueswandaily.com/chile-supreme-court-rejects-jba-between-latam-american-airlines-and-iag-as-hard-to-challenge/