OST-1998-4682

OST-1998-4682

Ladeco, S.A.

OST-1998-4682	October 30, 1998	Application for an Exemption	Chile via Intermediate Points-New York/Los Angeles / Merger of Fast Air into Ladeco
		Attachment 1: Management
		Attachment 2: Pro-Forma Financial Statement Nov 98
		Attachment 3: Republica de Chile Certificate and Translation
		Service List

Following the merger of Fast Air into Ladeco, the current all-cargo services of Fast Air will be operated by Ladeco using the trade name "Fast Air." Doing business as Fast Air, Ladeco will provide scheduled all-cargo service between Chile and Miami, New York and Los Angeles via various intermediate points and will conduct wet lease and charter operations as permitted by Department authorizations. Fast Air will no longer use the authority previously granted to it by the Department. Fast Air's current authority is limited to operations via specific named intermediate points. Because the U.S.-Chile Air Transport Agreement allows operations via unlimited intermediate points, Ladeco's request is also for unlimited intermediate points and, in that respect, is broader that the authority currently held by Fast Air.

Answers are due by November 6, 1998

Counsel: Zuckert Scoutt, Charles Simpson, 202-298-8660

OST-1998-4682

Filed October 30, 1998
Action Taken November 6, 1998

Notice of Action Taken

Chile-New York/Los Angeles via Intermediate Scheduled All-Cargo - Fast Air

Exemption from 49 U.S.C. § 41301 to (1) engage in scheduled foreign air transportation of property and mail between Chile and the coterminal points New York, New York, and Los Angeles, California, via intermediate points; and (2) serve its authorized U.S. gateways as coterminal points. Ladeco states that it is seeking this authority in connection with the planned merger of Fast Air Carrier, S.A. (Fast Air) into Ladeco (Ladeco and Fast Air are subsidiaries of Lan Chile, S.A.). The subject merger will become effective on or about November 17, 1998, at which time Fast Air will cease to exits as a separate corporate entity. The assets of Fast Air, including its aircraft, will become assets of Ladeco. Thereafter, the all-cargo services previously operated by Fast Air will be operated by Ladeco.

By: Paul Gretch

OST-1998-4682	November 3, 1999	Application for Renewal of Exemption	Chile-New York/Los Angeles via Intermediate Scheduled All-Cargo - Fast Air
		Service List

Counsel: Zuckert Scoutt, Charles Simpson, 202.298.8660

Order-2000-3-27 OST-1995-449 OST-1995-720 OST-1995-895 OST-1996-1301 OST-1998-4014 OST-1998-4682 OST-1999-5081 OST-1999-5883 OST-1999-5917 OST-1999-6577 OST-1999-6596 OST-1999-6631	Issued March 27, 2000 Served March 30, 2000	Order Dismissing Applications	U.S.- Chile; U.S.- Spain; Chile-New York/Los Angeles; Oakland, California - Detroit, Michigan; MTV Prize Promotion; Reno-Fort Lauderdale; Palm Beach, Florida- California
		Descriptions of Applications

By: Paul Gretch