Serving Latin American Markets
Latin America has long been the backyard for US airlines of all sizes. As a high potential growth market, its outlook is quite different from the Asian profile. Already US airlines 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 US 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?
- Are more cross border equity investments likely as partnerships evolve?
- Are there opportunities for multilateral liberalisation that would benefit US airlines?
- Which markets are underserved and have the most potential?
Moderator: IATA, Regional Vice President, The Americas, Peter Cerdá
Panel:
- ICF Aviation, Principal, Carlos Ozores
- Southwest Airlines, Executive Vice President & Chief Revenue Officer, Andrew Watterson
- Volaris, Chief Executive Officer, Enrique Beltranena Mejicano