Latin American Airline Industry
Latin American airline industry TAM Airlines is the largest airline in Latin America in terms of number of annual passengers flown.[16]Along the first countries to have regular airlines in Latin America were Colombia with Avianca, Chile with LAN Chile (today LAN Airlines), Dominican Republic with Air Dominicana, Mexico with Mexicana de Aviación, Brazil with Varig, and TACA as a brand of several airlines of Central American countries (Honduras, El Salvador, Costa Rica, Guatemala and Nicaragua). All the previous airlines started regular operations before World War II.
The air travel market has evolved rapidly over recent years in Latin America. Some industry estimations over 2000 new aircraft will begin service over the next five years in this region.
These airlines serve domestic flights within their countries, as well as connections within Latin America and also overseas flights to North America, Europe, Australia, Africa and Asia.
Just one airline, LAN (Latin American Networks) has international subsidiaries: Chile as the central operation along with Peru, Ecuador, Argentina and some operations in the Dominican Republic.
The main hubs in Latin America are Sao Paulo and Rio de Janeiro in Brazil, Bogota in Colombia, Caracas in Venezuela, Guayaquil in Ecuador, Lima in Peru, Mexico City in Mexico, Panama City in Panama, Buenos Aires in Argentina, Santiago in Chile and Santo Domingo in the Dominican Republic.
[edit] Regulatory considerations
[edit] National Pakistan International Airlines Boeing 747-300. The Government of Pakistan is the majority stake-holder in the country 's flag carrier.Many countries have national airlines that the government owns and operates. Fully private airlines are subject to a great deal of government regulation for economic, political, and safety concerns. For instance, governments often intervene to halt airline labor actions in order to protect the free flow of people, communications, and goods between different
The air travel market has evolved rapidly over recent years in Latin America. Some industry estimations over 2000 new aircraft will begin service over the next five years in this region.
These airlines serve domestic flights within their countries, as well as connections within Latin America and also overseas flights to North America, Europe, Australia, Africa and Asia.
Just one airline, LAN (Latin American Networks) has international subsidiaries: Chile as the central operation along with Peru, Ecuador, Argentina and some operations in the Dominican Republic.
The main hubs in Latin America are Sao Paulo and Rio de Janeiro in Brazil, Bogota in Colombia, Caracas in Venezuela, Guayaquil in Ecuador, Lima in Peru, Mexico City in Mexico, Panama City in Panama, Buenos Aires in Argentina, Santiago in Chile and Santo Domingo in the Dominican Republic.
[edit] Regulatory considerations
[edit] National Pakistan International Airlines Boeing 747-300. The Government of Pakistan is the majority stake-holder in the country 's flag carrier.Many countries have national airlines that the government owns and operates. Fully private airlines are subject to a great deal of government regulation for economic, political, and safety concerns. For instance, governments often intervene to halt airline labor actions in order to protect the free flow of people, communications, and goods between different
References: "A history of the world 's airlines", R.E.G. Davies, Oxford U.P, 1964 "The airline encyclopedia, 1909–2000.” Myron J. Smith, Scarecrow Press, 2002 "Flying Off Course: The Economics of International Airlines," 3rd edition. Rigas Doganis, Routledge, New York, 2002. "The Airline Business in the 21st Century." Rigas Doganis, Routledge, New York, 2001. Retrieved from "http://en.wikipedia.org/wiki/Airline"