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CADE Tribunal will review the transaction involving Latam and Delta airlines

Administrative Proceedings

The Plenary requested the M&A proceedings this Wednesday (7 October). Commissioner Luis Brado was appointed rapporteur of the case
published: Oct 07, 2020 09:26 PM last modified: Oct 07, 2020 09:26 PM
by International Unit

In the hearing of this Wednesday (7 October), the Tribunal of the Administrative Council for Economic Defense (CADE) decided to review the proposal of joint venture between Delta Air Lines and Latam Airline Group.

As of the transaction, the companies will make a strategic partnership of their air transport services involving the United States and Canada on the one hand, and Brazil, Chile, Colombia, Paraguay, Peru and Uruguay on the other.

The Tribunal unanimously approved the request order and, subsequently, the proceedings were assigned to the commissioner Luis Brado, who will serve as the case’s rapporteur.

Access the Administrative Proceedings 08700.003258/2020-34.