ABRA Group, Chief Commercial Officer, Angus Clarke at the CAPA Airline Leader Summit Latin America & Caribbean 2026
ABRA Group, Chief Commercial Officer, Angus Clarke spoke to CAPA TV at the CAPA Airline Leader Summit Latin America & Caribbean 2026, hosted in Panama City, about latest industry trends and company developments.
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Transcript
Angus Clarke:So talking a bit about demand, we are seeing very strong demand coming out of the north. So North America, we're seeing the Caribbean, and we're seeing Central America performing very, very well. We had a deep winter in the South Cone, so that was— the timing of that was unfortunate with the oil price increasing, but You know, you have to live with those sort of things. Domestic Colombia was reasonable, but we had the earthquake. So unfortunately, in August, we, you know, we had a very significant earthquake in Colombia. So that is— that has slowed up the market quite a bit. But we're now seeing signs that it could be coming back and we're optimistic that it will return. Europe, obviously, the European carriers have hedged fuel for 2026 quite aggressively, and we see that as an issue that's artificially suppressed prices, but as those hedges come off, we're anticipating that fares will need to go higher to pay for their reset cost basis. So let's see, but demand is generally robust. The fare environment needs to move higher. We need to get back to maximum fuel recapture to deliver certain cost of capital return to our investors.
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