Taxes just one of Latin American aviation's hurdles to cross
Latin America is arguably one of the most promising and most challenging aviation markets worldwide. The region’s overall low trips per capita, growing middle class and projected passenger growth have attracted a raft of new low cost start-ups, resulting in air travel becoming more affordable than ever.
But the necessary infrastructure to support that growth is lacking, and the industry’s quest to convince governments that egregious taxes will stunt the industry’s growth is a slow journey that sometimes drifts sideways.
During the past year there have been elections in some of Latin America’s largest aviation markets and there is hope that some of the new administrations will look favourably on the industry. However, Mexico recently encountered a major setback after voters endorsed a plan by its president-elect to scrap construction of a new airport in Mexico City.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.