Guatemala's main airport, La Aurora International Airport (GUA), is one of the busiest airports in Central America and is located near Guatemala City. It is the main hub for TAG (Transportes Aereos Guatemaltecos) and Avcom (Aviones Comerciales de Guatemala) - associated with the TACA Group.
The Directorate General of Civil Aeronautics is the regulatory body for aviation within Guatemala.
Airports in Guatemala
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Mexican low-cost carrier Interjet, which has seen its share of Mexico's domestic market grow to roughly 25% in its six short years of existence, sees ample opportunity for further expansion in both the domestic and transborder markets. Interjet began international services in late 2011 and is continuing its international push with the upcoming launch of service to New York, its sixth destination outside Mexico. As the first of its Sukhoi Superjet 100 aircraft enters service later this year Interjet is now preparing to stoke its continued growth by targeting new medium-density markets.
Even prior to Mexicana’s demise in Aug-2010 Interjet recorded rapid growth in the domestic market place as it offered a semi-frilled product while adopting a low-cost, low-fare business model. By the time Mexicana sought creditor protection and ceased operations in Aug-2010 Interjet’s domestic market share had increased to more than 15%.
Recent articles in Airport Investor Monthly have highlighted actual or potential private sector airport investments in up-and-coming Latin American such as Peru and Paraguay. Now they are set to be joined by Guatemala. Whether or not foreign investors would be sufficiently attracted to invest in Guatemala’s airports is something the government will shortly discover after taking a decision to promote public-private partnership (PPP) infrastructure projects.