Anjos, FernandoDias, Guilherme dos Santos2025-08-112025-08-112025-01-242024-12-17http://hdl.handle.net/10362/186300This thesis explores a potential merger between LATAM and American Airlines, envisioning a transformative partnership in global aviation. The study uncovers key operational synergies by uniting LATAM's dominance in South America with American Airlines' extensive North American network. These include revenue enhancement through expanded market access, cost savings from fleet optimization, value creation through the disposal of idle assets, and streamlined human resources. Grounded in comprehensive financial analysis and valuation methods, the thesis offers critical insights into the merger’s potential to deliver operational improvements while addressing integration challenges.engMergersValuationSynergiesAirlinesmaster thesis203961528