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Amadeus and ALTA present the Latin America and the Caribbean Air Transport Competitiveness Index 2022

The number of passengers carried by air fell by more than 90% between March and April 2020 in the region. Few sectors of the economy were as severely affected by the pandemic.

November 23, 2022

ALTA NEWS - Amadeus and ALTA present the Latin America and the Caribbean Air Transport Competitiveness Index 2022
  • The study presents key factors that determine the competitiveness of different countries in the region and analyzes areas of opportunity for each destination to promote the development of air transport

 

  • The findings of this document show Mexico, Brazil, and Panama as the most competitive countries

 

Panama, November 23, 2022. The number of passengers carried by air fell by more than 90% between March and April 2020 in the region. Few sectors of the economy were as severely affected by the pandemic.

 

As the world begins to reshape, it is necessary to have the tools to cement that path. For this, Amadeus and the Latin American and Caribbean Air Transport Association (ALTA) present the Latin America and the Caribbean Air Transport Competitiveness Index 2022. This second edition studies the region's competitiveness and how to favorable and attractive the conditions are for investment, air operations and the arrival of tourism.

 

Amadeus intelligence data, through the Amadeus Demand360® tool, indicates that, in September 2022, 101% of 2019 passenger flow was reached, surpassing North America (96%). Some of the countries in the region have already surpassed 2019 levels: Mexico (14% above their 2019 levels in international passengers), Dominican Republic (24%), and Colombia (13%). An essential part of the recovery showed by these countries, and the region in general, was due to the combination of elements such as costs, requirements, prices, and accessibility that have catapulted them to the preference of users.

 

Among the conclusions of the competitiveness index, Mexico, Brazil, and Panama were the three most competitive countries. Mexico stands out for its high level of connectivity and its air transportation policy, as well as the markets to which a Mexican citizen can access without needing a Visa. On the other hand, Brazil is very competitive due to its low airport charges. Likewise, it has one of the civil aviation authorities best qualified by the OECD. And Panama has a high connectivity that considers international routes, the number of airlines, and the number of frequencies. In addition, this country has SAF projects, and its aviation authority is the third best in the region, according to the OECD.

 

Along with this vision, the Index seeks to boost collaborative work among the sector actors to implement competitive measures so that the industry is financially sustainable to allow more people to use air transport. Hence, the region's countries benefit from the sector's income and jobs generated directly, indirectly, and induced. To achieve the above, competitiveness in air transport is vital. 

 

For this, factors analyzed by the Index are considered to have immediate weight and impact on airline operations and the well-being of the industry in general. These elements are ticket price taxes, connectivity, market potential, fuel prices, passenger flow, accessibility through visas, airport quality, and costs. This study provides data from the countries that have recovered faster after the pandemic. For example, according to this Index, Mexico has the policies that most boosted aviation after the impact of COVID-19, followed by Costa Rica and El Salvador.

 

Another critical indicator to boost recovery is the airports' costs. In this area, the airport with the lowest passenger price is Kingston in Jamaica, which charges five dollars. This terminal is followed by Brazil, with several airports charging an average of US.6. In the range is Santiago de Chile, which charges , and Peru's main airport, Lima, which charges .6.

 

The ticket price also represents an essential component, and it usually is the “gateway to a country”. It is impacted by various taxes and add-ons that increase its value. The Index highlights Colombia, which has a sales tax temporarily reduced from 19% to 5% to encourage tourism during the pandemic. As of 2023, such tax will return to its 19% level. The study also demonstrates that eliminating fees not related to aviation from the airfare contributes to making a country more competitive, bringing contributions to the people and more development to the country.

 

The Latin America and the Caribbean Air Transport Competitiveness Index 2022 is a thermometer of the countries in the region and a way to look for improvement opportunities for aviation in Latin America and the Caribbean to continue on the path towards long-awaited growth. ALTA and Amadeus strongly believe in the importance of this sector for the region's economic and social development.

 

For more information visit: https://bit.ly/3U2qCQ1.


About ALTA

ALTA is a private non-profit association serving the airline industry whose objective is to develop a safer, more efficient, and sustainable aviation in Latin America and the Caribbean. ALTA coordinates collaborative efforts throughout the entire value chain maximizing the impact that aviation has on the economic and social growth of the region for the benefit of industry, nations, and populations served by air transport.
www.alta.aero

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Nathália Neves

Communications Support Brazil

Jornalista com 16 anos de experiência em conteúdo online, impresso, social media, emissoras de televisão, produção de eventos, gerenciamento de crise e assessoria de imprensa.

Com MBA em Gestão Estratégica da Comunicação Corporativa – Marketing, pela Fundação Getúlio Vargas, Nathália Neves já atendeu clientes como: Governo Federal brasileiro, Shopping Iguatemi, LG Electronics, Metalock® Brasil, Unimed, Usiminas, C&A, Peixe Urbano, Drogaria Rosário, Brasal Refrigerantes, Natura, Anefac, Câmara de Comércio Suíça (Swisscam), Associação Nacional de Farmacêuticos Magistrais (Anfarmag) e outros.

Além da experiência em comunicação corporativa, também exerceu como produtora na TV Record e TV Brasil na cobertura do Congresso Nacional.

Nathália Neves

Communications Support Brazil

Periodista con 16 años de experiencia en contenidos en línea, prensa escrita, medios sociales, cadenas de televisión, producción de eventos, gestión de crisis y relaciones con la prensa.

Con un MBA en Gestión Estratégica de Comunicación Corporativa – Marketing por la Fundação Getúlio Vargas, Nathália Neves ha trabajado con clientes como: Gobierno Federal Brasileño, Shopping Iguatemi, LG Electronics, Metalock® Brasil, Unimed, Usiminas, C&A, Peixe Urbano, Drogaria Rosário, Brasal Refrigerantes, Natura, Anefac, Swisscam, Associação Nacional de Farmacêuticos Magistrais (Anfarmag) y otros.

Además de experiencia en comunicación corporativa, también trabajó como productora en TV Record y TV Brasil en la cobertura del Congreso Nacional.

Nathália Neves

Communications Support Brazil

A journalist with 16 years of experience in online content, print, social media, television stations, event production, crisis management, and press relations.

With an MBA in Strategic Management of Corporate Communication – Marketing from Fundação Getúlio Vargas, Nathália Neves has served clients such as the Brazilian Federal Government, Iguatemi Shopping, LG Electronics, Metalock® Brazil, Unimed, Usiminas, C&A, Peixe Urbano, Drogaria Rosário, Brasal Refrigerantes, Natura, Anefac, Swisscam, National Association of Magistral Pharmacists (Anfarmag) and others.

In addition to experience in corporate communication, she also worked as a producer at TV Record and TV Brasil in the coverage of the National Congress.

Santiago Valencia

Head of Maintenance and Technical Purchase

Santiago é Engenheiro Industrial e Especialista em Negociação pela Universidad de los Andes em Bogotá, Colômbia e tem ampla experiência no mercado de aviação comercial, particularmente em Manutenção e Abastecimento Estratégico Aeronáutico. Durante nove anos ele ocupou vários cargos na Avianca, tornando-se Gerente de Suprimentos Estratégicos. Lá ele teve a oportunidade de participar da negociação de vários contratos estratégicos para a empresa aérea durante o processo de reestruturação pós-pandêmica. Ele complementa sua formação aeronáutica com mais de dezesseis anos de experiência em artes cênicas, bem como um interesse em projetos sociais e ambientais na América Latina.

Santiago Valencia

Head of Maintenance and Technical Purchase

Santiago es Ingeniero Industrial y Especialista en Negociación de la Universidad de Los Andes en Bogotá, Colombia. Cuenta con amplia experiencia en el mercado de la aviación comercial, particularmente en Mantenimiento y Abastecimiento Estratégico Aeronáutico. Durante nueve años ocupó diversos cargos en Avianca, y llegó a ser Gerente de Abastecimiento Estratégico. Allí tuvo la oportunidad de participar en la negociación de varios contratos estratégicos para la aerolínea durante el proceso de reestructuración post pandemia. Complementa su formación en aviación con más de dieciséis años de experiencia en las artes escénicas, así como su interés por proyectos sociales y medioambientales en Latinoamérica.

Santiago Valencia

Head of Maintenance and Technical Purchase

Santiago is an Industrial Engineer and Specialist in Negotiation from the Universidad de los Andes in Bogotá, Colombia and has extensive experience in the commercial aviation market, particularly in Maintenance and Strategic Aeronautical Supply. For nine years he held various positions at Avianca, becoming Strategic Supply Manager. There he had the opportunity to participate in the negotiation of various strategic contracts for the airline during the post-pandemic restructuring process. He complements his aviation background with more than sixteen years of experience in the performing arts, as well as an interest in social and environmental projects in Latin America.