News Listings for Air Panama

  • ALTA: Air Panama looks for growth through niche opportunities

    News | 15 Nov 2012 23:42 | Max Kingsley-Jones

    Air Panama, the country's second carrier, aims to serve niche domestic and international regional markets rather than challenging Panama's powerful Copa...
  • AB25: Copa chief executive Pedro Heilbron

    News | 22 Nov 2010 10:00

    Twenty-five years ago, few would have imagined that today Latin America would be among the leading regions in the world in terms of economic growth and development. Even fewer would have dreamed of Latin America's airlines being in the top echelon of this competitive aviation industry writes Pedro Heilbron
  • Latin airlines in 'shambles'

    News | 21 May 2001 23:00

    <p>Guy Norris/FLORIDA </p> <p>Latin American airlines are in "shambles" and face new failures unless excess capacity is cut, further consolidation occurs and joint action is taken to slash costs, say chief executives (CEOs) from the region. </p> <p>Speaking at the ninth annual international CEO conference in Florida, Grupo TACA chief executive Federico Bloch said stronger revenues per available seat mile (RASM) will be only be achieved by consolidation and warns that "unless that happens our industry will be very sick...Latin American airlines have a massive RASM gap". He said the problem is made "more grave by the fact that the region has a higher cost per seat mile than the world average". </p> <p>Despite the failure of AeroPeru, Air Panama, Faucett and SAETA, many of the region's carriers are still suffering, including Aerolineas Argentina, Avensa, Ecuatoriana de Aviacion, LAPA, Lloyd Aereo Boliviano and VASP. Citing the current Aerolineas/Austral strike when the rest of Argentin