Airlines in Latin America are often in one of the riskiest markets in the region. They face many challenges, from currency volatility to government uncertainty (see, for example, Peru’s recent failed coup d’etat). Additionally, regional authorities often see airlines in the region as, in the words of the IATA, a golden goose.
Strong recovery, but challenges remain
Across the region, most of the largest Latin American markets have recovered their pre-pandemic traffic levels. Some are already well above those numbers, like Mexico, Colombia, and the Dominican Republic. The region achieved an outstanding passenger recovery in 2022, but complex challenges remain unique to each country (although with a few commonalities between some of them).
Daniel Martínez Garbuno is a Mexican journalist. He has specialized in the air industry working mainly for A21, a Mexican media outlet focused entirely on the aviation world. He has also published on other sites like Simple Flying, Roads & Kingdoms, Proceso, El Economista, Buzos de la Noticia, Contenido, and Notimex.
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