Aviation executives from across Latin America and the Caribbean are meeting in Bogota for the ALTA Airline Leaders’ Forum, as the region’s air travel industry seeks to climb out of the coronavirus pandemic trough.
Mexican ultra-low-cost carrier Volaris reports strong earnings during the third quarter of 2021 as tourists flocked to the country in greater numbers, and more domestic passengers chose to travel by air.
The chief executive of Colombian start-up Ultra Air believes the airline can play a significant role in growing the country’s air transport market to 50 million passengers over the next five years, citing similar trends in other Latin American countries.
The availability of aircraft at favourable lease rates means Colombian start-up Ultra Air is aiming to achieve “operational excellence” through the retention of spare jets within its fleet, according to its co-founder and chief executive.
In an environment where a rebound in travel to pre-crisis level for most international markets is off the horizon for perhaps multiple years, the speed and scale of the recovery in the US-Mexican market is a stand-out.
Risk of coronavirus transmission on board aircraft is lower than that for most other indoor environments, according to a paper presented to a high-level ICAO conference on aviation recovery from the pandemic.
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