LATAM Airlines ink agreements to deepen ties with British, American

Chile-headquartered LATAM Airlines said Thursday that it has inked separate business agreements to deepen its ties with American Airlines Group and IAG's BA and Iberia, members of the Oneworld Alliance. "Throughout the implementation of the agreements, each airline will continue to operate independently and maintain control of their respective operations. These agreements will not cause any changes to the ownership or administration of the airlines," the company said. American and LATAM plan to apply for immunity from antitrust law, which would help the airlines coordinate schedules and prices for flights among their countries of operation. If approved, the agreement between American and LATAM would improve connectivity between South America and the United States and Canada. The agreement between LATAM and IAG's British and Iberia would increase flight options between Europe and Latin America. <br/>