At the end of September it was announced that the planned joint venture between American Airlines and LATAM would not be going ahead following the failure of both airlines to find a solution to an unfavorable ruling by the Chilean Supreme Court earlier in the year.
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.