3 Responses

  1. Guilherme
    Guilherme at |

    TAM (or the new LATAM) should face a lot of trouble in the following months, with more than half of the revenue in USD the company should see a major decrease in international travel from Brazil as the currency is facing a 10 year low against the US dollar.

  2. Goodbye Lan, Hello LATAM? - FlyerTalk Forums

    […] Even with the travel experience rebranding the loyalty programs remain independent. http://blog.wandr.me/2015/08/lan-tam…remains-split/ (link to my blog; disclosed per FT rules) I'm in GRU now, headed back to NYC tonight after having […]

  3. FabinhoBP
    FabinhoBP at |

    Until recently, TAM has been trough an amazing past 10 years of huge profits coming from its US and European routes.
    Unfortunatelly for them, the Brazilian currency (Brazilian Real) has lost almost half of its value within the past year and this certainly means trouble for LATAM.
    Altough the domestic market in Brazil is very profitable due to extreme low competition, LATAM needs the income from its international routes to run a profitable business.
    If TAM had not joined LAN, they would have been facing some serious financial problems in a near future.
    Let’s wait and see, Brazil is going trough its worst economic crisis for the past 20 years and this cannot be good for the brand new LATAM.