Carriers look to Latin America for growth

Despite deep cuts in service on many routes, U.S. carriers appear eager to add flights to Latin America. Continental Airlines has asked the Transportation Department for permission to operate daily, year-round flights between Houston and Rio de Janeiro, while American Airlines will add service next month to the Brazilian cities of Recife and Belo Horizonte. Delta Air Lines says it is adding routes in five Latin American markets. While international travel has grown by just 3.3% worldwide for the year to date, travel to Latin America is up 12.2%, and yields are strong.

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