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[BUSINESS] · Mexico, Argentina · 4 sources

started · updated

ALTA Forum addresses airline profitability and technology in Latin America

ALTA airline profitability Latin American aviation Hitit aviation technology

The Latin American and Caribbean Air Transport Association (ALTA) held its Annual General Meeting and Airline Leaders Forum in Mexico City, bringing together industry executives, regulators, and international organizations such as ICAO and UN Tourism.

A central theme of the forum was the low profitability of airlines in Latin America and the Caribbean, where net profit margins average approximately 2.1%. This is significantly lower than the global commercial aviation average of 3% to 6% and the general corporate average of 8% to 12%. Industry leaders highlighted the pressure from high operating costs, airport fees, and government taxes as major challenges to financial stability.

Technological advancement and industry consolidation were also key topics. Hitit, a provider of reservation and payment systems, discussed the implementation of its Oxygen offers and orders platform and its Elektrum payment orchestration system. The company noted that its technology currently accounts for roughly 30% of ancillary sales for Pegasus Airlines. Discussions also touched upon the role of artificial intelligence in aviation, emphasizing the need for accurate data, human supervision, and regulatory alignment.

Entities

Hitit · International Civil Aviation Organization · Latin American and Caribbean Air Transport Association · Mexico City · Pegasus Airlines

Claims

What the coverage asserts, and how many sources carry each claim.

  • [○ 1 SOURCE] World Bank and CEPAL estimate Latin American and Caribbean growth between 2.1% and 2.2% for 2026. mensajero.com.ar
  • [○ 1 SOURCE] Hitit's Oxygen platform accounts for approximately 30% of ancillary sales at Pegasus Airlines. www.aviacionline.com
  • [○ 1 SOURCE] Global commercial aviation net profit margins typically range between 3% and 6%. a21.com.mx
  • [○ 1 SOURCE] The net profit margin for airlines in Latin America and the Caribbean is approximately 2.1%. a21.com.mx
  • [● 2 SOURCES] The ALTA AGM & Airline Leaders Forum 2026 was held in Mexico City. mensajero.com.ar · www.aviacionline.com

Sources

Las aerolíneas llevan décadas reclamando equidad [a21.com.mx]
Encuentro de ALTA: crecer ya no alcanza para las aerolíneas [mensajero.com.ar]
Hitit at ALTA: Offers and Orders, payments and AI to grow in Latin America [www.aviacionline.com]
Aeroméxico trae racha ganadora [www.sdpnoticias.com]