MADRID, 30 Mar. Brazilian airline TAM may acquire 31% stake in his opponent Trip, as shown in a letter of intent, without binding effect, in which both companies are committed to finding ways for the development of a strategic alliance through codeshare routes. According to the document after conclusion of definitive agreements, TAM would eventually acquire 31% of its capital Trip, 25% of the shares entitled to vote and the remainder in preferred stock, according to a company statement.
Currently, TAM routes and Trip are largely complementary, thus improving the connectivity could generate a greater flow of passengers for the two companies. For the moment, it is not possible to predict what the outcome of the negotiations, since they are still preliminary and not binding. 
Currently, TAM routes and Trip are largely complementary, thus improving the connectivity could generate a greater flow of passengers for the two companies. For the moment, it is not possible to predict what the outcome of the negotiations, since they are still preliminary and not binding.
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