South American airline LATAM has confirmed that it will be withdrawing from the oneworld alliance following the airline's decision to cease joint venture negotiations with American Airlines and enter into a partnership with Delta instead.
LATAM now connects Santiago with Melbourne using its Boeing 787-9 Dreamliner and, as that aircraft has a decent Business Class offering, this could be a very nice way to get across the Pacific to Australia (or to route the other way)....especially as part of a round-the-world-itinerary.
American Airlines has announced that it will be seeking regulatory approval to enter into a Joint Business agreement with the South American airline group LATAM. The airlines also intend to file for antitrust immunity from the US DOT and the "appropriate authorities in South America"
A look a the news coming out of various European airlines in the past few days, including British Airways looking for a new Trans-Atlantic joint venture, KLM increasing its operations to San Francisco an easyJet competition and a new option for OneWorld flyers to South Africa.