Latin America

Waked sues National Bank of Panama for losses due to actions taken after company was listed on US Clinton list

Abdul Waked, founder of former leading travel retail company Grupo Wisa, has filed a multi-million-dollar lawsuit against the National Bank of Panama (BNP), claiming damages, loss and loss-of- profit stemming from actions taken after Waked and his businesses were included by the U.S. Treasury Department on the “Clinton List” for activities linked to money laundering […]

3Sixty and Avianca Holdings sign agreement for On Line Market Platform for Latin American airline network

3Sixty (formerly DFASS) and airline group Avianca Holdings (AVH) have signed an agreement to convert the current inflight concessions with AVH’s controlled airlines into an innovative pre-order duty free and duty paid platform. The new Joint Business Agreement (JBA) will start with Avianca (Colombia), Aerogal (Ecuador), TACA (Peru), and LACSA (Costa Rica), and will service […]

New Mexico City Airport cancellation confirmed

The new Mexico City International Airport, which has been under construction at a greenfield site in Texcoco since 2014, has been cancelled, confirmed Mexican Communications and Transport Minister, Javier Jimenez Espriu, last week. Mexico’s President Andrés Manuel Lopez Obrador, who took office at the beginning of December, made a campaign promise to hold a public […]

First Brazil border shops could open before year end

Brazil may finally see the opening of its first duty free border stores in December, following the election of Jair Bolsonaro who will succeed Michel Temer as president on January 1. ASUTIL Secretary General Jose Luis Donagaray, in a press briefing held last week, says he expects one or two small operators could open the […]

400 aviation executives attend sold-out 2018 ACI-LAC Annual Assembly and Conference hosted by MIA

Some 400 aviation executives from through-out the Western Hemisphere attended the 2018 Airports Council International – Latin America & Caribbean (ACI-LAC) Annual Assembly and Conference that took place in Miami last week, hosted by Miami International Airport, which is celebrating its 90th anniversary this year. MIA is the busiest gateway airport of the Americas, serving […]

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