LAN Peru orders new A319s and B767s

Discussion in 'Central/South America' started by jbcarioca, Mar 19, 2011.  |  Print Topic

  1. jbcarioca
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    jbcarioca Gold Member

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    ANTIAGO -(Dow Jones)- Chilean flagship carrier LAN Airlines (LFL, LAN.SN) will pay $660 million for six Airbus 319s and two Boeing Co. (BA) 767s for its Peruvian operations, a company spokeswoman said Wednesday, confirming a newspaper report.
    The Chilean carrier, which has domestic operations in Chile, Argentina, Ecuador and Peru, and recently entered the Colombian market, plans to invest $1.02 billion to incorporate 19 new aircraft this year, bringing its total fleet to 150 planes.
    LAN expects to increase its domestic operations in Peru and also offer new international routes, such as direct flights from Lima to London and flights from Lima to Uruguay's capital city Montevideo, said Jorge Vilches, head of LAN's Peruvian unit, according to daily newspaper La Tercera.
    In Peru, LAN currently has 19 Airbus 319s and eight Boeing 767s.
    LAN is also in the process of merging with Brazilian airline TAM SA (TAM, TAMM4.BR). That merger was recently put on hold by the Chilean antitrust court.
    With LAN and TAM's combined revenue of $8.5 billion in 2009, the newly-formed regional giant that would emerge from the merger, to be called Latam Airlines Group, would be among the top 15 airlines in the world and Latin America's largest airline operator by revenue.
     
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  2. Lyssa
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    Lyssa Silver Member

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    I wonder if the newly formed airline will be a part of oneworld or star alliance? I believe LAN was oneworld and TAM was star?
     
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  3. jbcarioca
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    jbcarioca Gold Member

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    TAM is Star and LAN is OW, that is correct. there is still real question whether the merger will happen. Even if it does there is no idea whether they'll merger their FF programs, jon a single alliance or what. They have been very tight lipped about that. In the meantime there are large fleet orders from TAM that were recently announced (TAM by itself is the largest airline in the southern hemisphere), and LAN still has other orders in addition to these which were only LAN Peru.
     

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