Interestingly, Reuters reports that the person that made the prediction, IATA Director-General Giovanni Bisignani, also predicts North American airlines will lose $1.8 Billion in 2010. The most interesting thing about this report is that it flies in the face of the commonly held belief that Latin American companies are somehow less efficient, or run in a [...]
Latin American Airlines Project Combined $800 Million Profit in 2010
Embraer, A Latin Company And A Major Player On The Global Aviation Stage
This article was originally posted on my aviation site. The Wall Street Journal recently published an article where they talk about the history of Embraer, and its prospects for the future. I feel that they echoed what I said in my recent post where I talked about Airbus, Boeing and Embraer. Embraer, also known as [...]
Typical Latin American Country Has Low Productivity
An article published on Newsweek says that the low productivity of Latin American countries is to blame for the region’s low per capita income and lack of development. The Inter-American Development bank (IDB) appears to have sponsored the study. Photo Credit: thejourney1972 (away until april) That article, is a complete load of manure. Let me [...]