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Aircraft and crisis: Uruguay's company risk bankruptcy

Montevideo, Uruguay - South America's aviation hit by domestic competitors

"The price that airlines are paying for fuel is still very high so airlines have been pressured by costs. There has also been a worldwide and regional tendency towards mergers. This allows for lower costs for clients, but it pressures margins for less efficient airlines that have a hard time competing with major carriers" declared Jorge Sepulveda from LAN. In South America, Brazil's TAM and Chile's...

AVIONEWS - World Aeronautical Press Agency - 1141704

AVIONEWS - World Aeronautical Press Agency