Iberia (airline) to condone the 150 million dollar debt that Viasa had accumulated to the Spanish carrier in exchange for keeping its fleet composed by four DC-10's and five Boeing 727's. The agreement included a compensation for the staff after the liquidation, which had a cost of 20 million dollars. Regarding Ladeco, Iberia was a minority shareholder (35%) and did not intervene in its management. Initially Iberia had the intention of achieving the merger of Ladeco with Lan Chile, but Chilean antitrust laws prevented it. Later, in 1995, Lan Chile made a major acquisition of Ladeco shares and acquired 57.6% of the
Air Safaris (New Zealand airline) Air Safaris (New Zealand airline) Air Safaris is a New Zealand scenic flight and air charter company based at the Lake Tekapo Airport located 2.8 km west of the town of Lake Tekapo, off State Highway 8 in the Mackenzie District of New Zealand. The airline operates from 5 bases the Lake Tekapo, Franz Josef, Glentanner, Twizel and Mt Cook airports. The company logo is a stylised chamois; these are wild goat-like antelope which inhabits the region of the South Island High Country. Air Safaris was established in 1970 at Mesopotamia station to take hunters and hikers into the mountain