Terry pointed to Brazil as a market in which the airline industry needs to be rationalized. The recent signing of the open skies agreement with the US could result in a flood of capacity to the country.With numerical restrictions on the number of airlines operating certain routes removed, more US carriers will operate to Mexico.
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Although he did not name a further example, Kletzel said he believed other carriers may pursue such opportunities to ally with foreign carriers.
Further airline industry consolidation is unlikely in the US in the near future, but carriers may seek to grow through joint ventures or investments in foreign airlines, according to Pricewaterhouse Coopers (PWC).
“I see no signals that further consolidation is imminent,” Jonathan Kletzel, PWC principal for travel and transportation, said at the IATA AGM in Cancun.
Normally AWB refers to the Air Waybill issued by carrying airlines and also called Master Air Waybill (MAWB) which comes with three digits of numeric airline identification codes issued by IATA to non-U. based airlines and Air Transport Association of America to U. A unit load device (ULD) which links directly with the airplane cargo handling and restraint system.
A term used to describe blocked space by airlines on behalf of forwarders/shippers.
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