MAH4546 From Sweden, joined Jan 2001, 31746 posts, RR: 73 Posted (9 years 10 months 1 week 6 days 1 hour ago) and read 3005 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.
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.
Cory6188 From United States of America, joined Feb 2004, 2686 posts, RR: 6 Reply 1, posted (9 years 10 months 1 week 5 days 12 hours ago) and read 2896 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.
Cory6188 From United States of America, joined Feb 2004, 2686 posts, RR: 6 Reply 3, posted (9 years 10 months 1 week 5 days 11 hours ago) and read 2867 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.