March Sees Nearly 40 New Routes Inaugurated by Airlines in Latin America and the Caribbean

The dynamic market of Latin America and the Caribbean continues to show signs of recovery. March has been a key month, as several countries are approaching the summer season and preparing for the massive arrival of Canadian, American, and European tourists.

According to official announcements, 39 air routes were inaugurated last month in different countries of the region. Only on March 26, 16 routes began operating.

The market continues to be shaken after the cessation of operations of three important companies: Aeromar (Mexico), VIVA (Colombia and Peru), and Ultra Air (Colombia). The three airlines together moved almost 9 million annual passengers, so the impact will begin to be felt more strongly during the second quarter.

Traffic in Latin America

According to the Latin American and Caribbean Air Transport Association (ALTA), 27.5 million passengers were transported in February 2023, representing a 98% recovery compared to the same period in 2019.

Therefore, Latin America and the Caribbean positioned itself as the third region in the world with the highest recovery, surpassing North America, which reached 97.3%, and Europe with 82.7%.

International market

ALTA indicated that «in February 2023, international traffic from Colombia and Mexico grew by 19% and 15%, respectively, compared to their 2019 levels, and the Dominican Republic reached 108% of its pre-pandemic levels. Brazil, Chile, and Argentina had a slight increase compared to January 2023, reaching 78%, 81%, and 71%, respectively.»

National market

On the other hand, «in February 2023, Colombia exceeded its domestic passenger traffic levels from January 2019 by 27%. However, a slowdown in its numbers is expected for the month of March, due to the exit of Ultra and VIVA from the market.»

Mexico grew by 24% and Argentina practically exceeded its 2019 levels. Brazil recorded a recovery rate of 89%, and Chile remained at 88%.

New routes in Latin America and the Caribbean in March

Temas

• Airlines in Latin America
• ALTA
• Aviation in Latin America

AUTOR

Gastón Sena

Agente de Trafico/Supervisor de Carga - Aviacionline - Coordinador Editorial - Despachante de Aeronaves - Operador de Rampa y Señalero

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