CAPA’s hottest airlines to watch in 2011: Latin America

Premium Analysis

Latin America was the only aviation market in the world that maintained profitability throughout the global financial crisis, with a combined regional net profit result of USD500 million in 2009, according to IATA. Profitability is expected to continue, with a forecast of USD1 billion this year, followed by an expected USD600 million profit in 2011.

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