TAM buys Pantanal for R$ 13 million (about £4.3 millions)
TAM SA announced on Monday, 21st December that has agreed to buy the small Pantanal Linhas Areas. To be completed the operation must be approved by the National Agency of Civil Aviation.
TAM SA is continually expanding its business. Not only has become the largest airway company in the country as is strongly competing with other international airlines. For the past months, I have had the opportunity to see ads of the company in many British newspapers. It is very gratifying to see a Brazilian company growing as TAM is. Congratulations!
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