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TAM buys Pantanal for $7.3 million

TAM Airlines (Sao Paulo) has acquired Pantanal Linhas Aereas (Sao Paulo) for $7.3 million and will develop the small airline into a much larger feeder airline. Ironically TAM started as an air taxi...

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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...

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