Argentina's airlines position themselves for a robust market rebound

Before the COVID-19 pandemic Argentina's aviation sector was in the midst of a transition, as start-up low cost carriers were working to establish themselves in a market that was beginning to liberalise.

Now with two ultra-low cost airlines and a national carrier in Argentina, it appears as if there is a bit of rationality in the country's market in a post-pandemic environment as the recovery in the country's aviation sector continues at a steady pace. The country's operators continue to maintain bullish outlooks as they grow and rebuild their networks.

Although Argentina remained closed off longer than other countries in Latin America during the COVID-19 pandemic, the consolidation ultimately created opportunities for Argentina's ultra-low cost airlines. Those airlines have also largely been able to continue on their growth trajectories.

It could be argued that Argentina could have an aviation market evolution similar to Mexico's - a country whose largest airlines are one full service carrier and two ULCCs.