FlyerTalk Forums - View Single Post - "United Continental, Delta Among Possible Bidders Circling Avianca" - WSJ Article
Old Jun 3, 2016 | 9:58 am
  #13  
BigBossman
 
Join Date: Dec 2009
Location: WAS
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Originally Posted by FLLUAFlyer
Apparently you haven't taken a look at Peru's economy lately. Besides that, it is also the most strategically placed hub in SA, which is why LATAM and Avian have major hubs there.
Argentina and Brazil alone are almost 75% of the GDP in region. Peru is in the single digits and unable t move the meter much. Plus, there is already a large regional air sector. Consolidation is more likely in the near term than organic growth. ..probably why this particular airline may get bought up!
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