MAH4546
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Joined: Wed Jan 24, 2001 1:44 pm

LatAm To Be Hot In 2003 For US Carriers (article)

Mon Feb 02, 2004 5:14 pm

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.
a.
 
Cory6188
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RE: LatAm To Be Hot In 2003 For US Carriers (article)

Tue Feb 03, 2004 6:31 am

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.
 
b752fanatic
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RE: LatAm To Be Hot In 2003 For US Carriers (article)

Tue Feb 03, 2004 6:38 am

"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
 
Cory6188
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RE: LatAm To Be Hot In 2003 For US Carriers (article)

Tue Feb 03, 2004 6:52 am

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
 
klwright69
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RE: LatAm To Be Hot In 2003 For US Carriers (article)

Tue Feb 03, 2004 10:55 am

When did CO start Roatan? I follow them and haven't heard that one.
 
MAH4546
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RE: LatAm To Be Hot In 2003 For US Carriers (article)

Tue Feb 03, 2004 11:18 am

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.
a.