Aeroman opened in El Salvador its sixth hangar, which has an area of two thousand square meters and capacity to maintain 14 narrow cabin aircraft simultaneously.
The new hangar, which began construction in March 2018 and whose investment in infrastructure amounted to $20 million, is located on land adjacent to the Oscar Arnulfo Romero International Airport.
Avianca, United Airlines and Copa Airlines, signed a trade agreement that will allow them to agree flight routes in the American continent.
To ensure the commercial agreement reached on November 30th becomes effective, the three airlines plan to apply for regulatory approval and a complementary antitrust immunity (ATI) subsidy in the coming weeks from the U.S. Department of Transportation (DOT) and authorities in 19 Latin American countries.
In five years the airline market in Central America has transformed from being a market dominated by two major airlines, to one with new entrants, lower prices and greater connectivity.
The arrival of so called "low cost" airlines to the region has resulted in a progressive reduction in the prices of tickets to fly between Central American countries. Between 2011 and 2014 the average cost without taxes for travelling between Costa Rica and El Salvador ranged from between $400 and $500, while in 2015 it costs $391.
A company founded with Panamanian capital, led by tourism entrepreneurs, has started offering private flights on the isthmus, Mexico, northern South America and the Caribbean.
Fly Executive has started operations in Panama offering private flights with a new fleet of jets with a base of operations at the airport Marcos A. Gelabert, in Albrook.
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."