The constant resurgence of covid-19, the closure of international markets and the loss of consumer confidence, postpone the beginning of the recovery of the air industry, a process that is predicted to be long in the context of the new business reality.
According to the International Air Transport Association (IATA), in this context of business and economic crisis in a large number of countries at the global level, there is no evidence of strong growth in global demand for cargo and its progress continues to be an extraordinary challenge for airlines.
Aero Expo Panama Pacifico will take place at Panama Pacifico Airport from March 21 to 22, 2018, and will bring together aeronautical companies from all over Latin America.
Aero Expo Panama will feature a static presentation of various executive aircraft and expert speakers on the subject who will give seminars on topics of great importance to executives in aviation companies, such as management of the costs of aircraft operations.
Aero Expo Panama Pacific will be held at the Panama Pacific Airport on April 20 and 21 2017, and will bring together companies linked to the Latin American aeronautical industry.
The website states that"...Aero Expo 2017 Panama Pacific is the most important event for general and private aviation in Latin America.It will explore the latest trends in the business aviation and helicopters sector in Latin America, the Caribbean and Panama.
In countries where airlines work closely with airport authorities and governments, the sector's development has been remarkable, as is the case of Panama.
Air connectivity in Latin America and the Caribbean is expensive: there are 130 different taxes on airfare, costs which are charged to companies, individual travelers, the aviation industry and tourism in general.
Aero Expo Panama Pacific will be held in Panama Pacific Airport in the former Howard base on April 21st and 22nd 2016, bringing together those involved in the Latin American aeronautical industry.
The event aims to promote general and executive aviation, and present Panama as a regional hub for this industry.
Yvan Boniface, director general explained to Capital.com.pa SPPD that "...
VivaLatinoamérica has announced that it will base its operations in the country in order to cater for flights from Central America in 2016.
Viva Group, consisting of the Grupo IAMSA and Irelandia Aviation, revealed that it will base its operations center in Costa Rica for Central American flights.
According to statements given to the Mexican newspaper Excelsior, Juan Carlos Zuazua, CEO of VivaAerobus, said that after its arrival in Central America, the airline will aim to have greater connectivity between the region with Mexico and Colombia by 2017, countries where it operates with the VivaAerobus and VivaColombia brands respectively.
With the construction by Avianca of a training and aircraft maintenance center in Colombia, the potential of the aviation market in the region has been confirmed.
From a statement issued by Avianca Holdings SA
Avianca's Aeronautical Center will operate in an enclosed area at José María Córdova International Airport in Rionegro. This will be one of the most important complexes for the large aircraft maintenance, component repair and specialized training centers in Latin America.
Companies in the sector will meet in Costa Rica from January 27th-29th to explore business opportunities.
The aim of the meeting is to attract business partnerships and identify business opportunities between companies in the sector in the region.
The program will offer all participants the opportunity to enroll, identify and apply for one to one meetings with other participants before the event begins.
Central American countries need to grant each other complete air freedom, with unrestricted frequencies and multiple designations.
A study of the conditions of competition in air transport for passengers in El Salvador, prepared by the Superintendency of Competition in the country, contains relevant definitions for optimization of air transport not only for El Salvador, but also all other Central countries.
State protectionism reduces the competitiveness of Latin American air transport, restricting its development and producing prices that are above the global average.
Despite progress in some countries, the region is moving at a slow pace in terms of liberalization and the steady trend of lower prices observed in Europe and the USA.
This was explained by the Chilean expert, Aldo Gonzalez, who added that "Latin America as a whole space, is lagging behind," although "locally some countries are very liberal and are very open."
The Colombian carrier, owned by Copa Holdings S.A., announced its intention to fly to all of Central America.
It currently operates mostly in Colombia, with flights to Venezuela and Panama.
Lupita Arenas Caicedo, regional sales director "announced today in San José [Costa Rica]", "its intention of fly to Costa Rica and the rest of the Central American countries", reported Elfinancierocr.com.
The air transport sector in Central America grew 8% this year. In Panama estimates put it at 10%.
Like all businesses, the industry is going through tough times due to the crisis. But, is the sector (in Latin America) prepared to face the ups and downs of the global economy.
Of course it is, said the speakers at the 17th Regional General Assembly of the International Council of Airports in Latin America and the Caribbean (ACI-LAC) Conference and Trade Show which was held in Panama.
From November 23 to 26, 200 airport operators from Latin America and the Caribbean will meet under the following theme: "Towards an efficient and sustainable management model."
Topics related to the the airport industry, such as airport capacity, financial sustainability, regional industry perspectives, commercial management of airports, etc, will be discussed in Panama by some 200 international delegates at the 17th Annual Assembly and Commercial Exhibition of the International Council of Aiports. (ACI-LAC).