Jetex announces 36% growth in Latin American market

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Jetex has announced a 36% growth in business in the Latin American market in 2015 following the launch of its FBO in Santiago, Chile, in May 2014, and Toluca, Mexico, in November 2015.

The increase of growth was due in part to a 68% growth in jet fuel sales. “As one of the particularities of the operational culture in the region, we have noticed the customers often coordinate and arrange ground support services directly. With fuel services, however, it is a different case – not all of them have credit accounts with fuel suppliers – so the customers value the constant follow up that our fuel operations department provides, and the reduction in operational costs our services represent,” said Diego Giamberini, Jetex regional manager for Latin America.

With the inception of its Santiago and Toluca FBOs, Jetex has been able to provide the region with facilities including executive lounges, flight support services, ground handling and jet fuel sales. General aviation growth in the area was estimated at 18% for 2015, while Jetex grew at twice the average rate.

According to Jetex, the 2016 Rio Olympic Games will have a dramatic effect on the volume of flights and fuel sales in the Latin American region. Jetex has already set in place plans for the summer games, with high availability handling agents and fuel supplies, as well as FBOs.

“Jetex’s Latin American division is well prepared for the change in volume, and will be prepared to offer competitive prices,” said Rafaella Carolina, corporate account manager for Brazil.

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Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

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