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LatAm To Be Hot In 2003 For US Carriers (article)  
User currently offlineMAH4546 From Sweden, joined Jan 2001, 33289 posts, RR: 71
Posted (10 years 11 months 7 hours ago) and read 3988 times:

Great article from the USA Today

U.S. airlines fly south for room to grow
By Dan Reed, USA TODAY
Latin America is getting hot.
After three years of cutbacks and losses, U.S. airlines are gearing up to capture the profits they expect from their fastest-growing international market.

Healthier economies in the USA and Latin America, and improved political and monetary stability in Latin America, are rekindling the aggressive growth in flying capacity that preceded the Sept. 11, 2001, attacks.

Capacity in the U.S.-Latin American market — which includes Mexico, Central and South America and the Caribbean — has been down about 8% since 2000.

Airline planners say there's huge growth potential in Latin America, a 400 million-person market that is still in its economic infancy. Latin America trails only the mature U.S.-Europe market in passengers on U.S. carriers.

"It's where the action is," says Bob Booth, chairman of AvMan, a Miami consulting firm that specializes in the Latin American aviation market.

CONTINUTED AT:
http://www.usatoday.com/travel/news/2004-02-01-latin-america_x.htm

American Airlines alone plans to grow 10% in the region each year for the next five years. While the bulk of that growth will come from MIA, three other airports - DFW, FLL, and JFK - will likely feel the growth as well.


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5 replies: All unread, jump to last
 
User currently offlineCory6188 From United States of America, joined Feb 2004, 2692 posts, RR: 5
Reply 1, posted (10 years 10 months 4 weeks 1 day 17 hours ago) and read 3879 times:

CO is definitely following this trend of expanding in Latin America. They continue to announcing new service to secondary and tertiary markets in Latin America that often have no or little competition. Roatan and Liberia come to mind as recent additions.

UA seems to be more interested in South America - they just added more service to EZE, I believe.


User currently offlineB752fanatic From United States of America, joined Jul 2003, 918 posts, RR: 8
Reply 2, posted (10 years 10 months 4 weeks 1 day 17 hours ago) and read 3868 times:

"UA seems to be more interested in South America - they just added more service to EZE, I believe."

Nope, UA just recently announced that they will stop services from MIA to South America, the MIA-GRU and MIA-EZE.

They will instead do only direct ORD-EZE.



"Truth is more of a stranger than fiction." Mark Twain
User currently offlineCory6188 From United States of America, joined Feb 2004, 2692 posts, RR: 5
Reply 3, posted (10 years 10 months 4 weeks 1 day 17 hours ago) and read 3850 times:

Okay so I had it backwards - sorry. Considering I live near EWR, you get one guess as to the airline that takes me essentially everywhere I need to go. It's a pretty tough question, and I'll give you a clue - it's (obviously) not UA.  Big grin

User currently offlineKlwright69 From Saudi Arabia, joined Jan 2000, 2101 posts, RR: 3
Reply 4, posted (10 years 10 months 4 weeks 1 day 13 hours ago) and read 3784 times:

When did CO start Roatan? I follow them and haven't heard that one.

User currently offlineMAH4546 From Sweden, joined Jan 2001, 33289 posts, RR: 71
Reply 5, posted (10 years 10 months 4 weeks 1 day 13 hours ago) and read 3760 times:

When did CO start Roatan? I follow them and haven't heard that one.

Starts in June, Saturday-only service from Houston. It was announced today.

American Airlines will likely follow by announcing MIA-RTB in given time.



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