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Know what the intraregional markets are most important in Latin America, where more than 6 million passengers.
Thanks to the important and practical information of HIGH – Latin American and Caribbean Air Transport Association, and with whose information we have also reviewed, for example, topics such as most important domestic air routes in the region, In this installment we will continue delving into the statistical data of this growing sector.
Intraregional air market
First it is important to define intraregional, which within this study means the most important international air routes that have origin and destination in a Latin American country., where all passengers are counted without discriminating their nationality.
within this framework, Latin American and Caribbean airlines transported more 6 million international passengers in April 2019, of which 3.5 They were international passengers within the region and 2.5 outside the region.
With a great difference and advantage over the rest of the markets, Air traffic between Argentina and Brazil represents the most important intraregional market in Latin America, monthly transporting more than 300 thousand passengers.
| Mercado | Approximate monthly passengers |
| Argentina – Brazil | 300 one thousand |
| Argentina – Chile | 183 one thousand |
| Colombia – Panama | 175 one thousand |
| Chile – Peru | 154 one thousand |
| Brazil – Chile | 144 one thousand |
| Colombia – Mexico | 104 one thousand |
| Colombia – Peru | 99 one thousand |
| Mexico – Panama | 95 one thousand |
| Argentina – Peru | 88 one thousand |
| Mexico – Peru | 81 one thousand |
| Brazil – Panama | 80 one thousand |
| Ecuador – Panama | 78 one thousand |
| Cuba – Mexico | 71 one thousand |
| Costa Rica – Panama | 69 one thousand |
| Brazil – Peru | 60 one thousand |
Following the ranking, The second most important market is between Argentina and Chile with more than 183 thousand monthly passengers, Colombia follows – Panama with a number greater than 175 thousand passengers per year, Chile appears again connected to Peru and more than 154 thousand monthly passengers and closes the TOP 5 traffic between Brazil and Chile with more than 144 thousand monthly passengers.
It is important to highlight the large markets of Argentina, Brazil and Chile as leaders of the ranking with about 1 million monthly passengers transported in those markets.
In the rest of the region there is growth in intraregional traffic, where Panama stands out as a strong market, generating important connections with Mexico, Brazil, Ecuador and Costa Rica.
Although it is a growing market, There are great challenges to sustain it, where infrastructure is one of the main challenges for governments, along with the significant burden of Taxes and fees to which Latin American countries bear the air ticket costs.
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