Lan Chile Or The Business Of Politics

The divestment of one of Latin America's top airlines is bound to attract attention. When in addition, it is being made by a New President elect, it acquires another dimension, by blurring the distinction between business and politics. The newly elected Chilean President, Sebastian Pinera, has indeed approved the sale of his 26% stake in Lan Chile Airlines, which he promised to complete before taking office on 11 March. The stake is estimated at US$1.5bn. CFW explores the implications of the deal from a political economy

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