Jorge Awad, President of LAN to meet with President Lula to discuss LAN-Brazil
Written by thomas · Filed Under CommercialMay 18, 2009
The president of LAN, speaking at a meeting of the Chilean Association of Exporters and Manufacturers recently announced that he plans to discuss the establishment of a passenger airline in Brazil. He plans to meet with Brazil’s president Lula when he visits Santiago on July 7 and 8 at the meeting of UNASUR, the Union of South American Nations, and will ask him to change the restrictions on foreign ownership in Brazilian airlines – which is limited to 20%. LAN already operates an all cargo airline in Brazil through its affiliate ABSA, but the airline believes it should be able to set up a passenger airline with majority control, just as it did in Argentina, Peru and Ecuador.
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