SAO PAULO, Jan 31 (Reuters) - LATAM Airlines
said on Friday it was still too early to discuss potential
impacts of a planned merger between its two largest rivals in
top market Brazil, but voiced trust in antitrust watchdog CADE
to put in place mitigation measures.
"What we do not want is a more concentrated market, with
fewer options for passengers, higher prices and less growth,"
LATAM's head in Brazil, Jerome Cadier, told reporters in an
earnings call.
Rival carrier Azul ( AZUL ) and Abra Group, the majority
investor of fellow airline Gol, signed earlier this
month they a non-binding memorandum of understanding with the
intent of combining their businesses in Brazil.