TAM Airlines

Brazil's TAM purchases Pantanal Linhas Aereas SA

Image via brandsoftheworld.com

Related Articles

• Brazil's TAM to buy $2B LAN Airlines stake
• GOL's traffic up 34.8% in December
• TAM and TRIP expand codeshare
• TAM Airlines banks on new flyers to boost growth
• LAN Argentina and TAM expand flight codeshare agreement
• Libano Barroso now firmly in place at TAM
• Stocks in South American airlines rally
• TAM Airlines chairman calls it quits

SAO PAULO - Brazil's leading airline, TAM SA (TAM), said Monday that it has acquired small local airline Pantanal Linhas Aereas SA for 13 million Brazilian reals ($7.3 million).

"The effectiveness of the acquisition of the Pantanal shares is subject to the fulfillment of certain conditions, including, without limitation, the previous authorization by the National Agency for Civil Aviation, or ANAC," TAM said in a statement.

Pantanal was founded in April 1993 and operates through slots at the busy Congonhas airport in Sao Paulo.

Comments

Post new comment

Your name: *

E-mail: *

The content of this field is kept private and will not be shown publicly.

Homepage:

Comment: *

• Web page addresses and e-mail addresses turn into links automatically.
• Allowed HTML tags: <a> <em> <strong> <h1><h2><cite> <code> <ul> <ol> <li> <dl> <dt> <dd><img><span>
• Lines and paragraphs break automatically.
• Images can be added to this post.
• You may insert YouTube videos with [youtube:ID]

More information about formatting options

CAPTCHA

This question is to prevent automated spam submissions.

What code is in the image?: *

Copy the characters (respecting upper/lower case) from the image.