<?xml version="1.0" encoding="UTF-8"?><?xml-stylesheet type="text/xsl" href="static/style.xsl"?><OAI-PMH xmlns="http://www.openarchives.org/OAI/2.0/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/ http://www.openarchives.org/OAI/2.0/OAI-PMH.xsd"><responseDate>2026-09-06T09:49:00Z</responseDate><request verb="GetRecord" identifier="oai:riubu.ubu.es:10259/6872" metadataPrefix="etdms">https://riubu.ubu.es/oai/request</request><GetRecord><record><header><identifier>oai:riubu.ubu.es:10259/6872</identifier><datestamp>2024-05-20T09:45:41Z</datestamp><setSpec>com_10259.4_104</setSpec><setSpec>com_10259_2604</setSpec><setSpec>col_10259_6848</setSpec></header><metadata><thesis xmlns="http://www.ndltd.org/standards/metadata/etdms/1.0/" xmlns:doc="http://www.lyncode.com/xoai" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.ndltd.org/standards/metadata/etdms/1.0/ http://www.ndltd.org/standards/metadata/etdms/1.0/etdms.xsd">
<title>The strategic variance analysis of LAN and TAM airlines merger in the early 2010’s</title>
<creator>Silva Alves, Luiz Augusto da</creator>
<creator>Rocha, Carlos Henrique</creator>
<subject>Industria aérea</subject>
<subject>Economía del transporte</subject>
<subject>Airline industry</subject>
<subject>Economy on transport</subject>
<description>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</description>
<description>LAN and TAM used to be the flag carriers of Chile and Brazil, respectively until late 2000’s&#xd;
in the airline industry. The merger of both into LATAM Airlines was part of the strategy to&#xd;
construct a major regional power of air transportation, an evolution from national companies&#xd;
to a Latin America brand. This research analyzes the merger of LAN and TAM, which in&#xd;
the second decade of 21st Century formed one of the largest passenger air transportation&#xd;
groups. The concept of Strategic Variance Analysis (SVA) is used in some academic&#xd;
environments to evaluate a company’s operational revenue in two time periods, in this&#xd;
specific case, 2010-2013. The concept is easy to understand and relates the financial&#xd;
statements with businesses strategies approaches.&#xd;
Previous studies in the American airline industry have been conducted with SVA method.&#xd;
This paper compares the financial situation of former TAM before the merger (2010), and&#xd;
LATAM (2013), after the merger. The financial, operational, and fuel data are gathered from&#xd;
the National Civil Aviation Agency of Brazil, reclassified, and applied to calculate SVA.&#xd;
Then, as the final conclusion, SVA demonstrates that this merger was good, however it was&#xd;
insufficient to cover the rise in fuel prices during those years.</description>
<date>2022-09-15</date>
<date>2022-09-15</date>
<date>2021-07</date>
<type>info:eu-repo/semantics/conferenceObject</type>
<identifier>978-84-18465-12-3</identifier>
<identifier>http://hdl.handle.net/10259/6872</identifier>
<identifier>10.36443/10259/6872</identifier>
<language>eng</language>
<relation>R-Evolucionando el transporte</relation>
<relation>http://hdl.handle.net/10259/6490</relation>
<relation>https://doi.org/10.36443/9788418465123</relation>
<rights>info:eu-repo/semantics/openAccess</rights>
<publisher>Universidad de Burgos. Servicio de Publicaciones e Imagen Institucional</publisher>
</thesis></metadata></record></GetRecord></OAI-PMH>