LATAM Airlines has signalled its intention to expand its European footprint with flights to Munich at a time when Brazil’s aviation market looks primed to take off again.
The long-awaited open skies agreement between the US and Brazil has finally been ratified, allowing for increased air services between the two countries and greater competition between airlines.
United Airlines has raised its stake in Brazilian low-cost carrier Azul, citing connecting traffic as a reason behind the move. The deal comes as an impending US-Brazil open skies agreement looks set to increase services, routes and competition between the two countries.
Peter Cerdá, the regional vice president in the Americas for IATA, discusses the future of Latin America, infrastructure concerns and trends throughout the region.
