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Brazil’s TAM is acquiring domestic Pantanal for $57.3 million

Written by thomas · Filed Under Commercial 

January 6, 2010

thomas

Brazil’s “model airline’ has agreed to pay $57.3 million to acquire domestic airline, Pantanal last week. Libano Barrosos. TAM’s CEO announced the planned acquisition which it plans to maintain as a domestic regional airline, and will renew the fleet with Embraer regional jets.

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