LATAM evaluates alternatives to JBAs with AA and IAG

LATAM Airlines Group announced (27-May-2019) that Chile' Supreme Court accepted the claims filed against the decision of Chile's Free Competition Defense Court (TDLC) that ruled on the consultation regarding JBAs subscribed, separately, between American Airlines and IAG with LATAM. The ruling states: "The JBA agreed between LATAM, American Airlines, Iberia and British Airways, subject to consultation by the court, in all matters relating to air transport of passengers are not approved. With the exception of Chile, the approvals to implement the JBAs in the other countries relevant to the agreements were obtained, pending only the process with the US DoT regarding the agreement with American Airlines, pending this date. LATAM is evaluating the alternatives that may exist to implement the JBAs, without having taken a definitive decision to this date. [more - original PR]