Apparently the Chilean Supreme Court blocked an attempt by LATAM to have closer ties with AA and BA. Will Delta's smaller presence in South America be less of a hindrance to a close relationship?
At least they did their homework at last.
I was always against the LAN & TAM merger/acquisition because it created a Leviathan relative to other players, specially now that Avianca Brasil has folded.
The only good news from an economic competition POV is that the OW dominance between Europe / Latin America may
be challended somewhat, but LATAM leaving OW is not necessarily linked to severing their JV with IB, as IB & LATAM actually double most of their flights into or out of MAD, sometimes within less than 30'.
All in all, DL's dominance on America ( the whole continent ) is worrisome, it's now a player so big in can influence prices.
I also think LATAM will fly into ATL, it's not that further up & MIA leaves much to be desired for PAX comfort.
This also explains why DL is not expanding int'l flights from their fortress hub & developping BOS, SEA & JKF instead, LATAM will provide enough feed to keep US domestic flights busy with some additional growth at the expense of AA down in MIA.