Fascinating investor relations press release from G3, Eddie. This should only increase discussions within the regional aviation community in Latin America that G3 is seriously considering joining a global marketing alliance and that SkyTeam will be that alliance.
The LATAM transaction, along with the operational integration of AV
, as well as the eventual incorporation of O6 in Brasil into AV
/TA, is making G3 think about its long-term strategy.
|Quoting EddieDude (Thread starter):|
The second, that AR is moving fast towards becoming a serious airline that has codeshare and milage agreements with other carriers, and is trying to leave behind its bad reputation earned during the AA/SEPI and Marsans ownership and management eras.
This is probably the most interesting element of the announcement. AR
, hopefully, appears to be distancing itself from the government's nonstop meddling in its affairs. Economic reality, regional competition, expectations for foreign ownership liberalization in Brasil and elsewhere, open sky agreements, all these developments will eventually reach Argentina.
G3 has seen the writing on the wall and is taking advantage of the current environment, as well they should.