United wants to create four-way LatAm partnership with Azul: executive

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CHICAGO (Reuters) – United Airlines (O:) wants to include Brazil’s Azul SA (N:) in its planned tie-up with Copa Holdings (N:) and Colombia’s Avianca Holdings (CN:) to create a four-way partnership in Latin America, Chief Operating Officer Andrew Nocella told journalists on Friday.

“Working together gives us a shot at being No. 1 in Latin America. We need partners to do it,” Nocella said.

Nocella’s comments follow surprise news this month of a $1.9 billion investment by Delta Air Lines (N:) in LATAM Airlines Group (SN:), firing up competition in South America.

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