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Latin American flag carriers have often suffered from the dominance of foreign airlines in key markets. US airlines, notably, have secured significant equity holdings and partnerships, in attempting to subdue some of the more difficult elements of competition. This has been possible as several key Latin American countries, such as Mexico, Brazil, Chile and now Argentina have adopted relatively liberal aviation policies. Ownership and control and foreign equity ownership have been significantly relaxed in several cases. Only a small number of states including those of central America have resisted this trend.As the main Latin economies emerge from the difficult times they have experienced in this decade, there is the potential for foreign airlines to establish even stronger ties.

  • How do limits on open skies and infrastructure constraints inhibit growth?
  • Are Latin American governments likely to pursue liberal market regimes, including market access and foreign ownership?
  • What’s the appetite for foreign investment in Latin American airlines, and what is the reality that some of the more restrictive foreign ownership laws could change?
  • Are more cross border equity investments likely as partnerships evolve?
  • Are there opportunities for multilateral liberalisation that would benefit foreign airlines?
  • Which markets are underserved and have the most potential?
  • How can the region’s airlines better compete and capture their fair share on Latin America’s growing air routes?
  • Will Latin American carriers grow their capacity share on intercontinental routes or will foreign carriers continue to dominate?

Moderator: Deutsche Bank, Managing Director, Michael Linenberg
Panel Members:

  • Azul, Chief Revenue Officer, Abhi Shah
  • United Airlines, SVP – Alliances, John Gebo
  • Viva Air, Chief Legal Officer, Abel Lopez Campo
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Qatar Airways reported (18-Sep-2018) Doha Hamad International Airport handled more than 34 million passengers between Apr-2017 and Mar-2018, and recorded 211,658 aircraft movements with an on time performance of 85.4%. Cargo increased by 14.52%, with more than two million tonnes of cargo handled by the airport. Qatar Airways noted the airport successfully recovered its passenger numbers after the blockade began in Jun-2017. [more - original PR - English/Arabic]

Australian Competition and Consumer Commission (ACCC) called (18-Sep-2018) on the Australian Government to periodically review curfews at Sydney Airport to better manage congestion. ACCC stated: "The Government could periodically review these restrictions to ensure they are not unnecessarily impacting on the efficient operation of the airport, especially considering the technological developments that continue to reduce the level of noise from aircraft. The lack of competition in the supply". The ACCC also said congestion at the airport has expedited the development of Western Sydney Airport. [more - original PR] [more - original PR - II]

Comair (South Africa) reported (18-Sep-2018) the following financial highlights for 12 months ended 30-Jun-2018:

  • Revenue: ZAR6537 million (USD509.7 million), +7.8% year-on-year;
    • Airline: ZAR6208 million (USD484.1 million), +7.1%;
  • Operating costs: ZAR5413 million (USD422.1 million), +8.3%;
  • Depreciation and amortisation: ZAR443.2 million (USD34.6 million), -2.9%;
  • Operating profit: ZAR670.6 million (USD52.3 million), +5.1%;
  • Profit before tax: ZAR471.2 million (USD36.7 million), +8.4%;
  • Net profit: ZAR325.6 million (USD25.4 million), +9.6%;
  • Total assets: ZAR6624 million (USD516.5 million);
  • Total liabilities: ZAR4844 million (USD377.7 million). [more - original PR] [more - original PR - II]

*Based on the average conversion rate at ZAR1 = USD0.077978

ACI Europe reported (18-Sep-2018) passenger traffic at European airports increased 4.8% year-on-year in Jul-2018. Airports in the EU saw an increase of 4.3% in passenger traffic, while non-EU airports reported a 6.8% increase in passenger traffic. Passenger traffic growth in the top five European hubs were Istanbul Ataturk Airport (+1.5%), Amsterdam Schiphol Airport (+0.5%), Frankfurt Airport (+7.5%), Paris CDG (+4.2%) and London Heathrow Airport (+3.7%). Freight traffic across Europe increased 2.6% and aircraft movements increased 3.5%. [more - original PR]

Boeing, via its official Weibo account, announced (18-Sep-2018) assembly on Kunming Airlines' first 737 MAX 8 aircraft has commenced. Kunming Airlines and Boeing signed a MoU for 10 737 MAX aircraft at the 2016 Farnborough Airshow.

Cologne/Bonn Airport announced (18-Sep-2018) MD and COO Athanasios Titonis plans to step down, effective 31-Oct-2018. Mr Titonis was offered the position of MD at "a large airport in the Gulf region". Cologne Airport chairman and CEO Johan Vanneste will take on responsibility of management, legal, customer and non-aviation operations until a new MD is appointed. [more - original PR - German]

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