Loading
24-Nov-2014 4:53 PM

IATA: congestion is a problem for Latin American hub

IATA senior VP for Latin America Peter Cerda speaking at the CAPA World Aviation Summit, said (21-Nov-2014) congestion is a problem for Latin American hubs, with new terminals at full capacity as soon as they open, citing terminals at Quito and Bogota. He added that even Mexico City's new airport could be close to capacity by the time it opens. This lack of capacity is an impediment to both local and international carriers, he said. Meanwhile, as in Africa, Latin American governments "see aviation as a cash cow," Mr Cerda said, adding: "They don't see it as an enabler of economic growth. Taxation is a heavy burden for the sector." On what is the second market to watch in the region, after Brazil?, Mr Cerda replying stating "Panama," saying the country benefited from a pro-aviation government that recognised the importance of air to its booming finance and tourism sectors - and strong airline - Copa - that is able to liaise effectively with the various authorities.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More