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AVH - Avianca Holdings SA News Story

$0.88 0.0  0.0%

Last Trade - 08/05/20

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £2.50bn
Position in Universe th / 6853

INTERVIEW-Boeing sees Latin American market share at least 50 pct

Wed 26th March, 2014 9:19pm
SANTIAGO, March 26 (Reuters) - U.S. planemaker Boeing  BA.N  is positive that it can reach a  market share in Latin America of least 50 percent of orders in coming years, a senior regional executive told Reuters on Wednesday. "We see this market growing an average 6.9 percent over the next 20 years," said Van Rex Gallard, Boeing's sales vice president for Latin American, Africa and the Caribbean, in an interview during Santiago's FIDAE airshow. That translates to 2,900 jetliners worth $300 billion, he said. Boeing's share of that would be "minimum fifty-fifty," he added. (Reporting by Rosalba O'Brien and Antonio De la Jara.Editing by Andre Grenon) ((rosalba.obrien@thomsonreuters.com, Twitter: @rosalbaob)(+56 2 23704250)(Reuters Messaging: rosalba.obrien.thomsonreuters.com@reuters.net)) Keywords: CHILE AIRSHOW/BOEING
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