International airline operations in Latin America, only 13 years ago the virtually unchallenged preserve of Pan American World Airways and Panagra, have become the world's hottest commercial aerial battle. Fifty-six international lines, including 37 fast comers incorporated in Latin America, now fight for passengers.
The newcomers are grabbing business mostly by making themselves the "discount houses of the air." Brazil's big Real-Aerovias charges only $432 for the round-trip excursion flight between Miami and Buenos Aires, as compared with the $779 asked by International Air Transport Association members such as Pan American. Panama's Aerovias flies from Panama to Miami for $55,...
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