TACA expects 2008 revenue to increase 15% year-over-year to $1.1 billion as passenger traffic rises 10%-15%, President Roberto Kriete told the Reuters Latin America Investment Summit last week, according to the news service. "We are growing because we do not depend on the North American market," he said. "We believe that Chile, Peru, Argentina, Colombia, Ecuador and Brazil all are going to have economic growth above the levels of the US and Canada." However, he said fuel prices "are going to ...

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