Chile's largest airline LAN is looking at opportunities to invest in Brazil and Argentina.
If aviation fans pursuing LAN remember LAN had tried and failed earlier this year to agree a deal to buy a small Argentine airline (Any guesses
). 
Despite its failed attempts sources says that it continues looking at how to start up new operations in Argentina and Brazil.IN THE MEDIA, Sebastian Pinera of the airline said from Santiago :
"Latin America is first. We are evaluating and seeking opportunities in Brazil and Argentina. The second big priority area is the Asia-Pacific,"
When a newsreporter asked whether LAN was interested in buying a stake in Brazil's Varig, which is struggling under a massive debt load and which the Brazilian government is looking to rescue, Pinera said: "Obviously I'm not going to tell you things that we are in the middle of analyzing and researching. Now, Argentina and Brazil are two big priorities for us."
Other sources in the Brazilian government has said that LAN is not officially involved in its plans to sell off a stake in Varig but has shown interest.
LAN, which flies all over the Americas, to Europe, New Zealand and Australia, last week announced a new partnership and code-sharing with Korean Air. Sources outside the company have said it is considering adding flights to China and Indonesia.
LAN is by far the biggest domestic and international passenger airline and cargo carrier in Chile, and it has units or affiliates in Peru, Ecuador and the Dominican Republic.
LAN is one of the healthiest airlines in the world, financially, at a time when many other companies in the sector are still struggling to revive from terrorism and economic slowdown.
LAN - I think is means Laughing And Not looking back
