Impact of TAM-LAN merger on Panama

The country is predicted to face tough competition from the new airline giant with operations across South American skies.

Tuesday, August 17, 2010

Juan Carlos Pino, general manager of Panama's Tocumen International Airport, believes the merger of TAM and LAN poses a threat.

"Separately, TAM and LAN have focused on their niche markets - Brazil to Europe and South America respectively. However, Pino's view is that once the airlines' operations are consolidated they will be able to compete for passengers currently travelling via Panama to make connections toward North America, the Caribbean or Europe," reports Prensa.com.

More on this topic

Welcome Competition: TACA Lowers Fares

June 2011

Being the sole operator of the Guatemala - Mexico route, TACA was able to charge more than $700 a ticket. Now that Aeromexico and Interjet have arrived, prices have fallen to less than half that price.

Last week the Mexican low-cost airline Interjet announced two daily flights between Guatemala City and Mexico City from July, with rates from $249 roundtrip including taxes.

Shell Acquisition Under Study by Regulators

December 2009

El Salvador's Competition Superintendence (SC) is studying the country's first economic concentration request in the hydrocarbon industry.

The Directive Council of the SC is performing technical, judicial and economic studies on this request for economic concentration. This arises from the acquisition by Salvadoran company "Inversiones Petroleras de El Salvador, S.A.

Latin American Airlines Booming

August 2010

The demand generated by the region's rapid economic growth should give ample room for air transport companies to grow.

The Latin American aeronautical industry was one of the few to record growth during the financial and economic crisis. The market, shaken by constantly growing demand, has seen big changes this year, first Colombian Avianca's purchase of Taca and later the creation of a new giant carrier with the merger of Brazil's TAM with Chilean LAN.

Competition Law in Guatemala

October 2010

"The monopoly itself is not the problem, the problem is the abuse that is committed" Erick Coyoy, Minister of Economy.

The main priorities set by the Minister of Economy revolve around the obligations of the country and the region, the agreements reached with the European Union, which refer to integration of the isthmus and in particular customs and promoting market competition.


Municipal Water & Wastewater Treatment Plants

UEM experience includes designing new plants as well as renovating and expanding older ones for municipalities from compact water and wastewater sewage treatment plants, to full scale large plants.
Drinking Water Treatment plants include from Aquifer,...

Stock Indexes

(Feb 7)
Dow Jones
0.26%
S&P 500
0.20%
Nasdaq
0.07%

Commodities

(Feb 7)
Brent Crude Oil
115.66
Coffee "C"
222.5
Gold
1,746
Silver
34.145