Daniel Chavez Moran, a retired resort developer and philanthropist from Mexico, supports economic development and the growth of democracy throughout Latin America through his work with the Vidanta Foundation, a nonprofit organization he founded in 2005.
Recent economic news published by Reuters news service about growing travel and economic opportunities in Brazil, excerpted below, caught his attention:
(Reuters) – German airline Lufthansa (LHAG.DE) will take advantage of strong economic performance in Latin America at a time when its businesses elsewhere are under pressure, a senior executive said on Wednesday…the carrier is expanding in Latin America, opening what it sees as key routes in recent months, including to Bogota and Rio de Janeiro.. .
“We want to develop our business in Latin America because we see that the area has been quite stable during the crisis,” Lufthansa’s vice president for the Americas, Jurgen Siebenrock, told Reuters during a visit to Venezuela.
“There’s a lot of growth, especially in Brazil … we want to be part of that,” he said, citing the potential offered by Brazil hosting the 2014 soccer World Cup and 2016 Olympics.