We held a fascinating @LATAMProg @WWCArgentina discussion today, at @TheWilsonCenter, with @MindeTransporte's @Guillodietrich, who discussed @mauriciomacri's $33 billion Plan Nacional de Transporte.
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Argentina's Plan Nacional de Transporte also involves massive public works at airports and seaports. In his remarks
@TheWilsonCenter,@Guillodietrich forecast a doubling of domestic airline passengers by 2019, in part thanks to new entrants, such as@Avianca and@Fly_Norwegian.Show this thread
To quantify @mauriciomacri's roadbuilding spree, @MindeTransporte's @Guillodietrich points to record cement consumption and purchases of mobile asphalt plants (40 this year alone).pic.twitter.com/FWEY2k8StG
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Expanding the commercial airline sector is considered low-hanging fruit, given @aerolineasar's dominance (this month,
@Avianca became Argentina's first new carrier in 11 years) and poor performance (a $300 million loss in 2016; a $553 million loss in 2015).Show this thread -
For now,
@Guillodietrich says, Argentines still rarely fly domestically, with the rate of air travel stagnant and well below the levels in Brazil, Chile, Colombia and Peru.pic.twitter.com/uauo68xdhW
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