Latin American airlines will deliver a net profit of $200 million for 2019, IATA forecasts, which will be a good result compared to the $500 million loss in 2018 and reflects the recovery of the Brazilian economy.  But the region’s net margin will be razor thin at 0.4%, and airlines are faced with a barrage of high government taxes and fees, inefficient airspace and ground infrastructure that is taking too long to expand and modernize. Of Latin America’s and the ...

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