News Listings for TAM Mercosur

  • Bologna returns to TAM as president of new parent company

    News | 01 Apr 2010 00:38 | Brendan Sobie

    <p>Brazil's TAM has unveiled plans to create a new holding company that will be headed by former CEO Marco Antonio Bologna.</p><p>TAM says it has decided to...
  • Matias Campiani: Revitalising South America's smallest flag carrier

    News | 08 Dec 2008 09:49 | Brendan Sobie

    In just 18 months Uruguay's Pluna has been transformed into a completely different carrier.
  • Marco Antonio Bologna: Staying power

    News | 24 Oct 2007 10:11 | Günter Endres

    In spite of July's fatal crash and a year of turmoil in the Brazilian airline sector, TAM's Marco Antonio Bologna is focused on consolidating its market...
  • Allied survival

    News | 31 Aug 2004 23:00

    <p>Success in Latin America means finding a way around the region's obstacles to growth by reaching out across borders</p> <p>The facts speak for themselves. Half of Latin America's airlines are technically bankrupt, around 70% are losing money and attrition is slowly consolidating the region's industry into a handful of airlines. Nearly all of these survive because of cross-border equity alliances.</p> <p>Equity alliances are not unique to Latin America. More famous are those of SAS or indeed the KLM merger with Air France. But the Latin model has evolved a character all its own.</p> <p>The typical Latin alliance starts with a dominant airline in one country taking a stake in carriers elsewhere in Latin America - either existing airlines or those created for that specific purpose. These are then gradually integrated through codeshares, wet leases, branding and centralised management, until the emerging group eventually assumes the character of a single, cross-border airline. It is
  • Fight to survive

    News | 23 Mar 2004 00:00

    <p>Constant economic upheavals have made South America one of the most challenging environments in the world in which to operate an airline </p> <p>There can be few tougher places than South America to operate an airline. Not only are carriers exposed to the same global crises as everyone else - worries over terrorism, security costs, fuel prices, health scares - they have to contend with a series of unique regional challenges, including South America's volatile economies and politics. The past two and a half years have been especially hard for the region's scheduled operators, with more than a quarter of them suspending operations, changing owners or being absorbed by a larger rival since the World Trade Center attacks.</p> <p>So what hope is there for South America's airlines? There are some positive signs emerging, with Argentina's economic rebound boosting the prospects of its troubled airline sector, and Brazil's flag carrier Varig newly confident after a difficult rationalisat
  • Latin beat

    News | 30 Apr 2003 23:00

    <p>Latin America's regional sector is in a state of flux, with little by way of a clear pattern emerging across the region</p> <p>Summarising the evolving nature of the Latin American regional airline sector is no easy task. This is confirmed by AvGroup chairman and Latin aviation guru Bobby Booth, who, when asked to describe the prevailing trend, says: "There is no trend."</p> <p>Indeed, a glance around the region shows regional carriers at every phase in the life cycle. First, there is a new flock of newborns - Aerolineas Universal in Colombia, Star Up in Peru, U Air in Uruguay, Aeropacifico in Ecuador, OceanAir in Brazil and Lassa in Chile. Next are several established regionals, such as Aerolitoral and Aeromar in Mexico, that are owned by major airlines. Last, come Latin America's independent regional airlines - by far the largest group.</p> <p>Two-thirds of the regionals owned by majors are in in the process of being absorbed by their parents. Varig, for example, has merged its