American Airlines to Purchase Minority Stake in Chilean Airline JetSMART
On Thursday, American Airlines announced its latest venture into the South American market, signing a letter of intent with Chilean ultra-low-cost carrier JetSMART to create the “broadest and most rewarding network in the Americas.” In a statement, the Fort Worth, Tex.-based carrier revealed that it plans to purchase a minority ownership stake in JetSMART, as […]