TAM to create a holding company

TAM Linhas Aereas (Sao Paulo) is creating a holding company according to this Reuters report.

Read the full report:

http://www.reuters.com/article/idCNN3121638420100331?rpc=44

In other news, TAM is looking at acquiring 20 aircraft in the 100 to 150-seat range as part of a new plan to expand the operation of recently acquired regional carrier Pantanal Linhas Aereas according to Flightglobal.

Read the full report:

http://www.flightglobal.com/articles/2010/04/01/340188/tam-plans-to-acquire-20-aircraft-for-pantanal-unit.html