The Latin America-Caribbean region is clearly seeing growth but is hamstrung by insufficient infrastructure and air traffic management, excessive costs and taxation. Briefing media at its Geneva headquarters, IATA executives said Latin American passenger levels were expected to double by 2034 and the air transport industry’s contribution to regional GDP has the potential to rise from $140 billion to $322 billion. “The Latin American industry of 2018 bears little resemblance to ...

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