Latin America Aviation Outlook 2020
Economic headwinds, currency devaluation and political uncertainty have been mainstays in the Latin American aviation industry over the past few years and 2020 is no different. The region is experiencing a sideways economic recovery, as some of the largest economies in the region work to create sustained stability.
Despite those seemingly constant headwinds, passenger growth in Latin America and the Caribbean continues at a steady pace, posting healthy gains throughout much of 2019.
Alliances and partnerships have taken on a new form, as Delta acquired a share in LATAM, crossing the oneworld global alliance boundary and reshaping the balance of power.
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