Friday 24 April 2015, Amsterdam
The report recognizes the following companies as the key players in the Aviation Market in Latin America: Gol Linhas Aéreas Inteligentes, TAM Linhas Aereas (LATAM Airlines) and Sao Paulo Guarulhos International Airport
Other Prominent Vendors in the market are: Azul Linhas Aereas Brasileiras, Avianca, Aerolineas Argentinas, Aeromico, Copa Airlines, Interjet, LAN Airlines and Volaris.
The report said: “The emergence of the aerotropolis concept, which places airports in the center of cities, is one of them. Aerotropolis is a new concept in which the plan and layout of a city is concentrated around the airport. The airport is the center of the city and all the business centers are built around the perimeter of the airport.”
According to the report, one of the major factors driving this market is the increase in tourism and urbanization. Brazil and Mexico are the prime tourist destinations in Latin America and contribute considerably to the increasing air traffic within the region and to and from the region. The number of people traveling by air has grown because of political and economic stability and more even income distribution among the middle class. This has resulted in an increase in commercial airports and airlines in the region.
Further, the report states that the increasing cost of airport operations is one of the key challenges in this market. The high costs involved in the maintenance of airport infrastructure reduce the profit margins of commercial airports.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.