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Air traffic update and forecast for Latin America - ACI

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In summary…<br />

• <strong>Latin</strong> <strong>America</strong>n aviation in general has enjoyed a very good health in the<br />

last years, growing faster than the world average.<br />

• As a pending matter, it has to gain share in long range markets.<br />

• Growing consolidation among airlines. Very good results in general <strong>for</strong> the<br />

big-nine Groups of airlines.<br />

• At short term, 2009 will finish with a small back step in <strong>traffic</strong>, but with big<br />

variations among countries <strong>and</strong> markets. 2010 will see a recovery, likely to<br />

improve further in 2011.<br />

• At mid-term <strong>traffic</strong> will grow at 5-6% average per annum. By countries,<br />

Brasil, Perú, Chile, Colombia show brighter perspectives than Mexico,<br />

Argentina or Ecuador.<br />

22

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