FlyerTalk Forums - View Single Post - "United Continental, Delta Among Possible Bidders Circling Avianca" - WSJ Article
Old Jun 3, 2016 | 5:04 am
  #12  
3Cforme
FlyerTalk Evangelist
 
Join Date: Jun 2001
Programs: DL 1 million, AA 1 mil, HH lapsed Diamond, Marriott Plat
Posts: 28,190
Originally Posted by Seby12
Both have a lot to gain from this emerging market, if anyone cares my prediction is South America is the next Asia with relation to air travel.
I'll take the under on that. Commercial aviation grows rapidly when:

1. Developed markets liberalize the sector, as happened in the U.S. in the late 70's and Europe a bit later and the resulting growth of low cost carriers.

2. Incomes rise rapidly and persistently in less developed countries, as has happened in China for the last two decades.

Neither of those conditions is likely in S America among a big fraction of population, though there might be smaller sub-regional successes.
3Cforme is offline