LanChile may set up a subsidiary carrier in Argentina after failing to make headway with plans to invest in flag carrier Aerolineas Argentinas, Flight International's sister on-line service, Air Transport Intelligence, reports.
Spanish holding company SEPI, the majority shareholder in Aerolineas, is trying to agree terms on its operation with minority owner American Airlines.
Although a member of the oneworld alliance with American, LanChile has been linked with a bid for Aerolineas, but appears to be studying the launch of a rival. LanChile pursued a similar policy when it failed to secure AeroPeru.
Source: Flight International
