
Latin America seeking to boost infrastructure as traffic bounces back
1st July, 2010
Latin America has long underperformed in aviation business terms, as airlines and associated industries deal with under-developed infrastructure, varying regional regulations, a lack of investment and a fragmented airspace system. Latin America has a population of more than 600 million people, with 95 scheduled carriers operating more than 1,000 commercial aircraft. The region was responsible for approximately 6.2% of world traffic in 2009, while holding more than 9% of its population. Air transport in Latin America is forecast to be among the fastest growing in the world over the next 20 years. [1112 words]
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This report contains the following subheadings:
- Edged out in long-haul markets
- Regional consolidation creates five major airline groups
- Dealing with airspace fragmentation
- Safety remains a concern
- CANSO establishes regional office
This report contains the following charts and tables:
- Real GDP by region: 2007-2010 (Forecast)
- Latin America & Industry passenger traffic (RPKs)
- Latin American & Caribbean aircraft movements: Top 15 airports 2009
- Leading South American airline groups by capacity
- Western-built hull losses per million sectors
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