Latin America’s Airlines Stare Out Along a Future of Empty Runways

During a pandemic that has wreaked havoc with global travel, Enrique Beltranena is something of a rarity: a happy airline boss. Volaris, his Mexican low-cost airline, has added, not cut, routes during the crisis, has a healthy balance sheet and is “cautiously optimistic” in its outlook, he said. But with three major carriers forced into bankruptcy protection and another three halting operations altogether because of the pandemic, Latin America is staring at a difficult future for its industry and the likelihood that travel options will be permanently reduced, the Financial Times reported. The region that remains the centre of the pandemic — with nearly 40 per cent of daily deaths — sucks up money from tourism in a normal year. Read more