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Recent News
Caribbean Remains High on Low-Cost Carrier Agenda
The Caribbean remains an attractive region for expansion from carriers to the north in the USA and to the south from Brazil, but airports and destinations have to market and package their product efficiently and with an eye on costs to win new service, carriers told delegates at the Network Latin America event being held in St Maarten.
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Argentina Implements Entry Fee fo US Citizens
Dec 30, 2009 - If you live in a country that charges the Argentines before they enter your cuontry, as a foreign visitor to Argentina, you will have to pay a reciprocity tax when arriving in their country at Ezeiza airport.
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Brazilian Airline TAM Banks on Growth From New Fliers
SAO PAULO—Brazil's leading airline, TAM SA, expects the country's domestic aviation market to grow by up to 12% next year as incomes and employment levels continue to rise in Latin America's largest economy and new promotions attract first-time, lower-income fliers.
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US Airways To Add Service to Rio in December
US Airways is set to begin daily, non-stop service from its Charlotte, N.C. hub to the newly elected host city of the 2016 Olympic Games - Rio de Janeiro, Brazil - on Dec. 15. Customers can score great savings on flights to Rio de Janeiro when they book their trip by Nov. 15 and begin travel between Jan. 7 and Feb. 10, 2010.
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GOL Launches UATP Corporate Card
GOL Linhas Aereas Inteligentes S.A., the largest low-cost and low-fare airline in Latin America, announced today that the Company has become the first airline in Latin America to issue UATP (Universal Air Travel Plan’s low-cost travel payment system) accounts with the launch of its new GOL Corporate Card to business customers.
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AA Keeps Repairs In-House
Instead of outsourcing its airplane maintenance to Mexico and South America, American is sticking with its own crew of 6,000 mechanics based in Tulsa, Okla., to service its fleet. This "insourcing" strategy also allows American to contract with other airlines and freight companies to service their planes.
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Merged Avianca/Taca Airline May Pursue IPO
Avianca SA, Colombia's largest airline, may return to the U.S. stock market with a public offering following its planned merger with El Salvador's Grupo Taca, according to a person familiar with the situation.
The companies announced plans Wednesday to combine, creating one of Latin America's largest airline groups with annual revenue of almost $3 billion and operations throughout the region.
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TravelMart: New Direct Flights From Major US Cities to Panama
Travel Agent Central has learned that Panama is roughly three weeks away from announcing new, direct Copa Airlines flights from New York, Los Angeles and Miami. The flights will be Copa’s first direct flights from those cities to Bocas del Toro, Panama, says Fernando E. de Leon de Alba, deputy general administrator for the Authority of Tourism of Panama. Although the announcement will come in less than a month, it is unknown when the flights will actually launch.
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Brazil's Gol to Raise Capital Through Share Offer
Brazil's second-largest airline, Gol Linhas Aereas, announced plans on Tuesday to raise capital through a public share subscription.
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LAN Airlines Reports Rising Traffic Statistics
Earlier this week, LAN Airlines S.A. (LFL) and its subsidiaries reported its preliminary monthly traffic statistics and punctuality indicators for August. While passenger traffic rose 4.4% year over year, capacity jumped 7.4%. However, its load factor dropped 2.2 points to 76.5%. International passenger traffic accounted for almost 70% of total passenger traffic, with the rest coming from domestic passengers.
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