economy and politics

Colombia, among the leading countries in commercial aviation recovery

Colombia, among the leading countries in commercial aviation recovery

Colombia is one of the countries with the greatest commercial aviation recovery in Latin America two years after the total stoppage derived from the covid-19 pandemic.

(President of Avianca Group will lead the Alta Executive Committee).

This was stated in the new report on commercial aviation performance published by the Latin American and Caribbean Air Transport Association (Alta), within the framework of its 2022 leaders’ summit held in Buenos Aires.

Thus, at the domestic level, Colombia registered a recovery of 114% in August compared to the same month of 2019. The country is followed by Mexico (109%); Brazil (92%); Chile (87%) and Peru (86%).

Now, at the international level, Colombia has a recovery of 110%, which places it in second place compared to Dominican Republic (120%), while it is above Mexico (108%).

It is worth noting that Mexico and Colombia are the only two member countries of the organization that currently have 100 points, the highest rating for freedom.

(Global slowdown puts aviation recovery at risk.)

In the report, the organization also highlighted the important challenges facing the region, including the exchange rate, fuel prices, inflation and the global economic slowdown, although it will not prevent the development of the industry in the region, according to foresee.

“Historically air travel is correlated with economic growth. However, by 2023 ALTA forecasts that the region will continue to grow and recover 2019 levels”, reviewed the report.

BRIEFCASE

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