The top 50 airports in Latin America have increased their passenger traffic by a 12.1 percent compounded annual growth rate (Cagr) from 2009 to 2011. That figure more than doubled the region’s GDP growth over the period.
These terminals handled 332.7 million passengers last year, that is 85% of the total Latin American traffic and close to 7% of the world’s, as reported by Canadian-based ACI.
Passenger traffic grew faster in Brazil. In fact, this country placed eight out of the top ten faster-growing airports. Campinas, Foz do Iguacu and Ribeirao Preto head the list with rates of passenger increase that surpass a striking 45 precent per year.
Campinas’ Viracopo Airport has gained relevance as an alternate way to reach Sao Paulo avoiding the congested Guarulhos or Congonhas air terminals.
On the other side of the spectrum, Puerto Vallarta and Hermosillo in Mexico have actually lost passengers over the period and Buenos Aires grew at a smaller 2.3 percent Cagr.
Air cargo transported through Latin American airports grew at a slightly slower pace: 10.7 percent between 2009 and 2011.
Teresina, Brazil, heads the list. This northeastern city has a smaller-sized traffic for Brazilian standards - 2.9 million kilos from January to August 2012 according to Infraero -. All cargo is domestically generated. It is interesting to note that the Monterrey airport in Mexico increased its cargo traffic by 17% per year.
On the other end, the Brasilia airport lost more than 10 percent of its cargo traffic in 2011. Punta Arenas in Chile, an oil and gas exploration region, lost 6%.