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LAN Airlines S.A. and its related companies, LAN Peru, LAN
Argentina and LAN Ecuador ("LAN" or "the Company") (NYSE: LFL / IPSA:
LAN), and TAM Linhas Aereas have decided to formalize a commercial
alliance.
The agreement aims to develop partnerships in routes operated by
these companies in South America, broadening the passengers' options
to fly to several destinations throughout the continent and allowing
clients of the LAN alliance to travel the routes operated by TAM, with
multiple hour and frequency options. This will be possible through a
code share agreement, which LAN expects will be implemented within the
next months.
One of the benefits passengers will enjoy with this commercial
alliance is the ability to travel with a single ticket from the
beginning to the end of the route, in addition to the possibility of
using the companies' VIP areas. Another advantage is the accrual and
redemption of miles in the companies respective frequent flyer
programs, LANPASS and The TAM Fidelity Program, benefiting passengers
who travel frequently.
For TAM's CEO, Marco Antonio Bologna, the alliance with LAN
represents an important step towards the regional integration process
in South America, thus stimulating the distribution of passengers in
the Brazilian, Chilean, Argentinean, Peruvian, Venezuelan and other
markets. "TAM and LAN passengers can rely on a wider variety of
flights while enjoying the advantages of both companies' fidelity
programs," said Bologna.
Enrique Cueto, LAN's CEO said, "Thanks to this agreement, our
passengers will enjoy an excellent network that will make their
travels easier. This will encourage commercial agreements already
existing between the countries, fomenting tourism and bilateral
cooperation in the region."
About LAN
LAN Airlines is one of the leading airlines in Latin America.
"LAN" makes reference to the consolidated entity that includes LAN
Airlines, LAN Express, LAN Peru, LAN Ecuador, and LAN Argentina, as
well as LAN Cargo and its affiliates. The LAN Alliance serves 15
destinations in Chile, 12 destinations in Peru, 10 destinations in
Argentina, two destinations in Ecuador, 15 destinations in other Latin
American countries and the Caribbean, three destinations in the United
States, two destinations in Europe and four destinations in the South
Pacific, as well as 52 additional international destinations through
its various code-share agreements. Currently, the LAN Alliance
operates 68 passenger aircraft and 10 dedicated freighters.
LAN Airlines is a member of oneworld (TM), the world's leading
global airline alliance. It has bilateral commercial agreements with
oneworld partners American Airlines, British Airways, Iberia and
Qantas, as well as with Alaska Airlines, AeroMexico, Mexicana, TAM,
Korean Air and JAL. For more information visit www.lan.com or
www.oneworldalliance.com.
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