While U.S. carriers are struggling toward recovery in most markets, industry watchers observe that some majors may have already "turned the corner" south of border. "Latin America is where the action is for U.S. majors," reports The Airline Monitor. While losing a combined $16.6 billion systemwide in 2000-2003, in Latin America majors barely lost $200 million or 1.2% of the total. Statistics show that in Latin America, U.S. majors have the highest yield and lowest CASM. And last ...
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