{"id":1684286,"date":"2022-10-11T19:08:40","date_gmt":"2022-10-11T23:08:40","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1684286"},"modified":"2022-10-11T19:08:50","modified_gmt":"2022-10-11T23:08:50","slug":"boeing-sees-latam-air-travel-taking-off-as-regulations-ease-incomes-rise","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/boeing-sees-latam-air-travel-taking-off-as-regulations-ease-incomes-rise\/","title":{"rendered":"Boeing sees LatAm air travel taking off as regulations ease, incomes rise"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fboeing-sees-latam-air-travel-taking-off-as-regulations-ease-incomes-rise%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1684286&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>By Kylie Madry<\/p>\n<p>MEXICO CITY (Reuters) \u2013     U.S. planemaker Boeing Co sees travel in Latin America ramping up more quickly than in other regions as countries loosen regulations and household incomes rise, the company\u2019s regional analyst said on Tuesday.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>Boeing expects Latin American air traffic to grow an average of 4.4% annually over the next two decades, surpassing the 4% growth it forecasts for the industry worldwide, helped by a trend towards more liberal policies over the next 10 years.<\/p>\n<p>\u201cWe see liberalization not only as an engine of growth for the industry, but also as a great way to democratize air travel and make it accessible for a larger number of people,\u201d David Franson, the company\u2019s regional director of market analysis, told Reuters.<\/p>\n<p>Franson said a trend toward looser state control had already helped develop a network of low-cost carriers in the region, adding more routes in Latin America.<\/p>\n<p>Low-cost carriers such as Argentina\u2019s Flybondi and Chile\u2019s JetSmart have already found a foothold, while Mexico\u2019s Volaris has focused on a strategy of so-called \u201cbus-switching,\u201d targeting traditional bus users who previously could not afford pricier plane tickets. <\/p>\n<p>Airlines across Latin America have added 200 net airport pairs to their networks over the past 10 years, he said.<\/p>\n<p>While some countries have been hesitant to give airlines free rein due to concerns over economic competitiveness, labor standards and the environmental impacts of air travel, the move towards liberalization started decades ago by the United States and Europe is expected to keep up, Franson said.<\/p>\n<p>\u201cIf this continues, we can expect to see a lot more in the way of those direct connections on relatively short-haul routes,\u201d said Franson.<\/p>\n<p>Boeing said it a July report Latin America will need 2,240 new aircraft and will have to train 118,000 new crew members and technicians over the next 20 years to meet growing demand.<\/p>\n<p> (Reporting by Kylie Madry; editing by Richard Pullin)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/boeing-sees-latam-air\/attachment\/file-photo-the-boeing-logo-is-pictured-at-the-labace\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/tagreuters.com2022binary_LYNXMPEI9A18B-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI9A18B-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Kylie Madry MEXICO CITY (Reuters) \u2013 U.S. planemaker Boeing Co sees travel in Latin America ramping up more quickly than in other regions as countries loosen regulations and household<\/p>\n","protected":false},"author":66,"featured_media":1889715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1684286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_finder_url":"https:\/\/www.oann.com\/business\/boeing-sees-latam-air\/?utm_source=rss&utm_medium=rss&utm_campaign=boeing-sees-latam-air","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1684286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1684286"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1684286\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1889715"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1684286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1684286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1684286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}