LATAM: New competitive
landscape, New business models — March 2018
After several tough years and an impressive restructuring of its fleet and order/lease commitments, LATAM Airlines Group is seeing profits bounce back as Brazil’s economy recovers and air travel demand growth accelerates throughout Latin America.
LATAM is looking to grow its Brazil domestic ASKs for the first time since 2011. 2018 could also be an interesting year in international markets because of the likely implementation of the Brazil-US open skies regime, to be followed by the development of LATAM’s planned JBAs (Joint Business Agreements) with American and IAG from early 2019.……