USA Miami, The Booming Gateway

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December 17. With Robert Isom set to take over as CEO of American Airlines on March 31, his reign over the world’s biggest airline may get an early lift from American’s largest international gateway.

At Miami International Airport, traffic is booming and American is boosting service.

Miami remains the No. 1 gateway to Latin America, and, outside of Brazil, the region is apparently managing through the pandemic. “Momentum [is] favoring Latin America,” Raymond James RJF -4% analyst Savanthi Syth wrote Monday in a report. “In contrast to risks in Europe, this week we highlight [mostly] favorable fundamentals in LatAm.”

The Sunday after Thanksgiving was the busiest day in MIA history with 164,000 passengers. Additionally, November was the first month since February 2020 when the airport served more passengers than it did in the same month in 2019.

Source: Forbes

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93610cookie-checkUSA Miami, The Booming Gateway