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The weekend deal merging Brazilian airline Tam (TAM +28.2%) and Chilean carrier Lan (LFL +3.5%)...

The weekend deal merging Brazilian airline Tam (TAM +28.2%) and Chilean carrier Lan (LFL +3.5%) has boosted buying in the sector, with the Arca Airline Index up more than 3% and U.S. carriers like Continental (CAL +1%), UAL (UAUA +1.6%) and US Airways (LCC +1.4%) up sympathetically. (ETF: FAA +1.7%)
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