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Chile domestic aviation market grows solidly, for FSCs and LCCs

Analysis

Chile's aviation market continues to grow at an impressive pace, driven by double digit expansion in the country's domestic passenger market over the past couple of years. Chile has one of the highest trips per capita (TPC) in Latin America and the arrival of LCCs will no doubt continue to lift TPC in Chile.

A decision by Chile's government to lower passenger charges has won accolades from industry stakeholders, and is being held up as an example of a positive and progressive policy development in Latin America.

Although Latin America's economy is taking a sideways trajectory to recovery, for now Chile's passenger growth prospects for 2019 continue to look promising as passenger growth for the country's three largest airlines continues at a solid pace.

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