Air traffic update and forecast for Latin America - ACI
Air traffic update and forecast for Latin America - ACI
Air traffic update and forecast for Latin America - ACI
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Current crisis - how is hitting <strong>Latin</strong> <strong>America</strong>n aviation (3/3)<br />
• From the economic side, <strong>Latin</strong> airlines are clearly<br />
again on the recovery path. The (few) airlines<br />
reporting periodic results show clear improvements<br />
in 2009, actually are the best-per<strong>for</strong>ming airlines in<br />
the world at regional level:<br />
• IATA predicts that in 2009 <strong>Latin</strong> <strong>America</strong> will be the<br />
only region where local airlines will not suffer<br />
Operating nor Net losses overall.<br />
Profit/Loss<br />
(US$ million)<br />
North <strong>America</strong><br />
Europe<br />
Asia-Pacific<br />
<strong>Latin</strong> <strong>America</strong><br />
Middle East<br />
Q2 2008<br />
Op.<br />
513<br />
1.327<br />
536<br />
-73<br />
0<br />
Net<br />
-419<br />
439<br />
-958<br />
5<br />
7<br />
Q2 2009<br />
Op. Net<br />
1.018 -134<br />
-788 -1101<br />
-723 -1290<br />
31 485<br />
-6 20<br />
Sources: airline reports<br />
Profit/Loss<br />
(US$ billion)<br />
2007<br />
Op. Net<br />
2008<br />
2009F<br />
Op. Net<br />
North <strong>America</strong><br />
9,3<br />
5,3<br />
-2,3<br />
-9,5<br />
-0,6<br />
-2,6<br />
Europe<br />
6,4<br />
5,4<br />
3,3<br />
0,2<br />
-0,8<br />
-3,8<br />
Asia-Pacific<br />
3,5<br />
2,1<br />
-5,5<br />
-5,5<br />
-1,9<br />
-3,6<br />
<strong>Latin</strong> <strong>America</strong><br />
0,4<br />
0,1<br />
0,5<br />
-0,7<br />
0,0<br />
0,0<br />
Middle East<br />
0,0<br />
-0,1<br />
0,0<br />
-1,0<br />
-0,4<br />
-0,5<br />
World<br />
19,7<br />
12,9<br />
-3,8<br />
-16,8<br />
-3,9<br />
-11,0<br />
Source: IATA<br />
17
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