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LATAM Airlines says it is too early to discuss impact of Gol-Azul tie-up
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LATAM Airlines says it is too early to discuss impact of Gol-Azul tie-up
Jan 31, 2025 5:28 AM

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.

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