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Avianca Merges With TACA. Colombian Avianca and Central-American, El Salvador based TACA have finalized their merger agreement to unite as one Latin-American airline company, keeping the two brands. The merger has been approved by antitrust and regulatory bodies.
The merger was a seeming inevitability after earlier mergers between major airlines â Delta and Northwest, United and Continental, and Southwest and AirTran have merged since 2005. The merger allows American and US Airways to compete with the largest firms.