LATAM Is Not Looking To Sell Subsidiary TAM Brazil 3 minute read LATAM Airlines Group is definitely not interested in selling its Brazilian branch, the company’s CEO said earlier this week. After a week of stories following Azul’s supposed interest in TAM Brazil, the largest South American airline is trying to put to rest the rumors. Let’s investigate further. LATAM will not sell its Brazilian branch. In this picture, we see a LATAM’s A350 (the first they received, actually), a plane that is no longer with the airline. Photo: Vincenzo Pace | Simple Flying The plan is to exit Chapter 11 this year