News / Asian exports to Latin America buffer impact of capacity expansion on pricing

Skyline and downtown El Paso Texas looking toward Juarez, Mexico © Americanspirit

Passenger carriers are flocking to Latin America, pouring bellyhold capacity into a cargo market that was under pressure last year. Still, pricing is up, likely buoyed by Chinese exports to the region.

According to ALTA, the airline interest group for Latin America and the Caribbean, passenger traffic in the region climbed 9% in the first quarter. And for this month, Xeneta has registered a 20% increase in capacity serving South America compared with 2019, driven by a ...