through an exchange offer. Brazil-based TAM and Chile-based Lan, along with its affiliates in Peru, Argentina and Ecuador, will continue to operate as standalone brands within the LATAM Airlines Group. Combined, the airlines "will offer its passengers more flights to more destinations than any other airline group in South America, initially reaching around 150 destinations in 22 countries," according to carriers. The airlines next week will extend some reciprocal benefits to members of their frequent flyer programs. They
have yet to publicly commit to a global alliance, but Wolfe Trahan airline analyst Hunter Keay in a research note suggested the edge goes to Oneworld, home to Lan for more than a decade. "Chilean antitrust rules prohibit LATAM and AviancaTaca from being in the same alliance," according to Keay. AviancaTaca recently joined Star Alliance, which also currently claims Tam as a member.