Montevideo Carrasco Airport
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- Other airports serving Montevideo
- Montevideo Melilla Airport
1700m x 45m
- Airlines currently operating to this airport with scheduled services
- Aerolineas Argentinas
Air Europa Lineas Aereas
Amaszonas del Paraguay
Sky Airline (Chile)
- Airlines currently operating to this airport via codeshare
- British Airways
Delta Air Lines
KLM Royal Dutch Airlines
Carrasco General Cesáreo L. Berisso International Airport serves the capital city of Uruguay, Montevideo. The airport is the main international gateway to the country, hosting services from across South and North America. The airport was the main hub for defunct national carrier Pluna.
Location of Montevideo Carrasco Airport, Uruguay
Ground Handlers and Cargo Handlers servicing Montevideo Carrasco Airport
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19 total articles
During the past few years the Brazilian airline Azul has acquired and merged with TRIP to grow its stature in Brazil’s domestic market, and attempted to access the public markets at least two times. After securing equity investments from HNA Group and United, the airline is once again attempting to raise funds through an initial public offering.
Azul’s decision to access the public markets once again falls against a backdrop of still tenuous economic conditions in Brazil. The airline has been adjusting its operations as Brazil’s economy has weakened – through lower capacity growth, transferring aircraft to partner airlines and returning jets to lessors. However, Azul still has a healthy order book on hand for aircraft replacement and future expansion.
Although Azul’s long haul flights to Fort Lauderdale and Orlando that were launched in late 2014 drew much fanfare, its international expansion continues to be measured, with expansion during 2017 pegged for South America, and most notably through the establishment of a new operation in Uruguay.
As Latin America begins a slow climb from economic weakness that has plagued the region during the past two years, airlines operating within, to, and from the area’s largest market Brazil are hoping conditions in the country’s domestic market stabilise during 2017, after the country’s recession has shattered demand in Latin America’s largest market.
Brazil’s two largest airlines Gol and LATAM Airlines Brazil remain cautious about the country’s domestic environment, at the end of 2016 concluding that excess capacity remained on domestic routes, despite their own capacity reductions within Brazil’s domestic network. Additionally, neither airline seemed particularly bullish that pricing in the Brazilian market had started to stabilise.
The country’s third and fourth largest airlines, Azul and Avianca Brazil, each have fairly robust aircraft order books, which triggers questions about each company’s growth strategy for the short and medium term. Azul is expanding its international footprint in South America, including possibly examining the establishment of a larger footprint in Uruguay. Avianca Brazil’s major shareholder is turning its attention to other Latin American markets, and the airline’s strategy going forward remains somewhat unclear.
LATAM Airlines Group is forecasting higher system capacity growth in 2017, but also slightly higher margins as a slow economic recovery in Latin America sets in. The company has significantly cut its domestic capacity in Brazil during the past couple of years, but decreases for 2017 are less intense as LATAM balances rightsizing capacity with maintaining a certain level of market share.
Despite the tough conditions in Latin America that persisted throughout much of 2016 LATAM continued building its network utility for the long term, launching several new flights from its hub in Lima and new long haul service to Johannesburg. The company’s international expansion continues into 2017 with new long haul flights to Melbourne, as well as additional intra Latin America service.
One big strategy shift LATAM is beginning to undertake in 2017 is the launch of a new pricing structure to compete more effectively with low cost airlines operating in the region. Key to successfully executing that strategy is keeping its cost in line, in order to adapt its pricing models to new competitive realities within the Latin American market.
LCCs in Latin America: Peru’s rise as an economic star could draw attention from potential operators
As Latin America attempts to climb out of a two year long recession, Peru has emerged as a bright spot in the region – based on air passenger growth and the country’s economic performance. For the seven months ending Jul-2016 Peru recorded 9% passenger growth to 11.2 million, driven by growth of 10.2% in the country’s domestic market.
Peru’s air passenger growth continues to remain promising, as the country’s largest airline – LATAM Airlines Peru – calculates that the country’s trips per capita are slightly below the still-emerging markets of Mexico, Colombia and Brazil, whose passenger growth potential should remain robust once the country’s economy begins to fully recover.
Periodically speculation arises over the potential opportunity for a low cost airline to break into Peru’s market. The country’s growth prospects certainly warrant examination of stimulative opportunities in Peru, but so far the country lacks a true low cost airline.
Chile recorded a solid 9.7% increase in passenger growth for the first seven months of 2016, with domestic passengers growing 9% and international passenger growth reaching nearly 11%. Although Chile has not been immune to the economic degradation in Latin America, its economy is more stable than in other countries in the region.
Some changes have taken place in Chile’s domestic market during the last year – most notably the transition of the country’s second largest domestic airline Sky into a low cost carrier. As it has undertaken a change in its business model Sky’s international passenger numbers fell for the Jan-2016 to Jul-2016 time period, but the airline is adding some international markets in 2016 and 2017, upping competition with its familiar rival, LATAM Airlines Group.
Another airline aims to start operations in Chile during early 2017 with aspirations to compete with LATAM and Sky on domestic routes. Paravai Líneas Aéreas may not pose a huge threat, but its ambitions reflect a belief that perhaps Chile’s duopoly needs to be shaken up.
Brazil’s third largest domestic airline Azul has been forced to curb its once rapid growth as the country’s economy will endure its second consecutive year of contraction during 2016. Similarly to all Brazilian airlines, Azul has been plagued by soft domestic demand and a sharp currency decline that creates challenges for expenses denominated in the USD – such as fuel and aircraft costs.
Although it will take some time for Brazil’s economy to recover fully from its current recession, some encouraging trends are beginning to take effect. Recently the BRL has gained some ground against the USD, which is a welcome sign for Brazilian airlines.
Azul has used many tools to adapt to Brazil’s current economic slump, including a new relationship with the European airline TAP and equity infusions from foreign investors. It has also show a willingness to lower fares in some markets, particularly to the US, to ensure that it retains a strong market presence once Brazil embarks on a steady path to economic recovery.