2026-06-19T17:23:05Zhttps://riubu.ubu.es/oai/request

oai:riubu.ubu.es:10259/68722024-05-20T09:45:41Zcom_10259.4_104com_10259_2604col_10259_6848

2022-09-15T12:44:09Z urn:hdl:10259/6872 The strategic variance analysis of LAN and TAM airlines merger in the early 2010’s Silva Alves, Luiz Augusto da Rocha, Carlos Henrique Industria aérea Economía del transporte Airline industry Economy on transport Trabajo presentado en: R-Evolucionando el transporte, XIV Congreso de Ingeniería del Transporte (CIT 2021), realizado en modalidad online los días 6, 7 y 8 de julio de 2021, organizado por la Universidad de Burgos LAN and TAM used to be the flag carriers of Chile and Brazil, respectively until late 2000’s in the airline industry. The merger of both into LATAM Airlines was part of the strategy to construct a major regional power of air transportation, an evolution from national companies to a Latin America brand. This research analyzes the merger of LAN and TAM, which in the second decade of 21st Century formed one of the largest passenger air transportation groups. The concept of Strategic Variance Analysis (SVA) is used in some academic environments to evaluate a company’s operational revenue in two time periods, in this specific case, 2010-2013. The concept is easy to understand and relates the financial statements with businesses strategies approaches. Previous studies in the American airline industry have been conducted with SVA method. This paper compares the financial situation of former TAM before the merger (2010), and LATAM (2013), after the merger. The financial, operational, and fuel data are gathered from the National Civil Aviation Agency of Brazil, reclassified, and applied to calculate SVA. Then, as the final conclusion, SVA demonstrates that this merger was good, however it was insufficient to cover the rise in fuel prices during those years. 2022-09-15T12:44:09Z 2022-09-15T12:44:09Z 2021-07 info:eu-repo/semantics/conferenceObject 978-84-18465-12-3 http://hdl.handle.net/10259/6872 10.36443/10259/6872 eng R-Evolucionando el transporte http://hdl.handle.net/10259/6490 https://doi.org/10.36443/9788418465123 info:eu-repo/semantics/openAccess Universidad de Burgos. Servicio de Publicaciones e Imagen Institucional