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Airline sales drop 14% in El Salvador

The 6 airlines operating in the country experienced a drop in yearly sales of around 14.6%, or a reduction of $10.5 million in income.

Wednesday, February 6, 2008

©image: Joshua Davis

According to the article on elsalvador.com: "...the type of traveler which had the greatest decrease in demand was the regular tourist, hence the companies are focusing their efforts on business travelers 'who have to continue traveling and to do so on specific dates', said Quinteros, manager of Mexicana in the country."

The International Air Transport Association (IATA) reported that in 2008 the sector suffered $5 billion global losses

Source: elsalvador.com

Key entities

Asociación Salvadoreña de Líneas Aéreas International Air Transport Asociation TACA Mexicana Jaime David Quinteros

Insight

Air transport airlines economic crisis Logistics Transportation

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