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May 27, 2024
The challenges of the Latin American airline industry

Photo: Daniel Martínez Garbuno.

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The Latin American airline industry has had the fastest recovery from the COVID-19 pandemic worldwide. According to data released by the International Air Transport Association (IATA), the region has recovered around 75% of its RPK compared to 2019 levels (the world average is close to 50%). Still, the industry is expected to lose up to 3.7 billion dollars this year. The challenges of the Latin American airline industry.

Meeting in Santiago to discuss Latin American airline challenges

For the last few days, Santiago de Chile has been Latin America’s epicenter for aviation. The country is celebrating both FIDAE’s (the oldest aviation event in the region) and IATA’s Wings of Change. Both events show the country is slowly opening up after a couple of years of severe travel restrictions. 

The Latin American airline industry has had the fastest recovery from the COVID-19 pandemic worldwide. According to data released by the International Air Transport Association (IATA), the region has recovered around 75% of its RPK compared to 2019 levels (the world average is close to 50%). Still, the industry is expected to lose up to 3.7 billion dollars this year.


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Daniel Martínez Garbuno
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.