Miami sees bright future alongside Latin America
Clearly feeling the unavoidable sting of the global economic downturn, Miami International Airport is looking to late 2009 and early 2010 for a turnaround in its substantial perishables business with its long term future securely anchored in Latin American traffic.
August 1, 2009
Ã¢â‚¬Å“No singular economic or tragic event in the last quarter-century has demonstrated such drops in cargo activity in MIAÃ¢â‚¬™s history,Ã¢â‚¬Â states Chris Mangos, MIA marketing manager.
For the first third of 2009, average quantities of MIAÃ¢â‚¬™s international and total freight dropped 24 per cent. Traffic related to the Latin American/Caribbean region is down 19 per cent based on performance from 26 carriers; Mexico, down 12 per cent from three carriers; and Asia, down 36 per cent from three carriers.
Ã¢â‚¬Å“Surprisingly, Europe performed and continues to perform better for us, with first third of 2009 performance down just 7 per cent from 10 carriers,Ã¢â‚¬Â Mangos reports.
Airport officials are now waiting for January-June 2009 tallies where they expect figures to be somewhat better, with the months of May and June showing smaller overall losses in the17-19 per cent range.
Ã¢â‚¬Å“Hopes of announced increases in manufacturing and production in China, Taiwan, Korea and Japan will spell enhanced imports from Asia and exports to Latin America for us,Ã¢â‚¬Â he says. Ã¢â‚¬Å“Late 2009/early 2010 may also turn diminished perishables import numbers around as opposite growing seasons in the southern hemisphere begin to produce those products.Ã¢â‚¬Â