Pedro Heilbron talks about the need for consolidation in Latin America
Written by thomas · Filed Under CommercialOctober 28, 2009
Panama’s “model airline” CEO, Pedro Heilbron, stated after the ALTA Leaders Forum in Cartagena that the industry is looking for further consolidation in the region, whether it is through joint ventures (ala Avianca/TACA) or more codesharing and marketing agreements. He is quoted in a press report saying that: “We have to decide whether we join another alliance since we are leaving a global alliance which we shared with Continental Airlines, or if we continue independently, which we are in the process of analyzing.” According to an unnamed source, Copa and LAN would be a logical alliance partner of some kind. But Pedro would not comment since he prefers to remain silent on the issue until some kind of decision is made.
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