Brasilia, Brazil, 8 March 2017 – The administrative court of economic defense of the CADE (Administrative Council for Economic Defense) in Brazil today approved the Joint Business Agreement (JBA) between LATAM Airlines Group and International Airlines Group (IAG), representing the final stage of its evaluation process that began in June 2016.

During the review, the CADE evaluated the scope of the agreement in terms of free competition and the benefits that it will bring to passengers, including improved connectivity, an expansion of the destination network and reduced prices.