Extending Antitrust Immunity to LATAM

Air Transport World is reporting that LATAM will seek antitrust immunity for joint ventures with American Airlines and IAG. Competition authorities in South America, the European Union, and the United States will all need to acquiesce. The prospects for success will be analyzed in a future post. For now, it is simply worth calling attention to this potentially significant development. This would be the first extension of the immunized, metal-neutral joint ventures to include an airline outside of Europe or North America.