Loading

Major unrest in Colombian aviation continues, with no end in sight

Premium Analysis

Colombia's aviation market has endured constant upheaval during the first three months of 2023, ranging from the ultra-low cost operator Viva Air suspending operations, to JetSMART abandoning plans to purchase Ultra Air just days after expressing an interest in acquiring Colombia's second ultra-low cost carrier.

JetSMART has decided to forge its own path in Colombia, and Ultra Air has encountered its own challenges in the market.

And now, nearly a year after tabling plans to buy Viva, Avianca has gained conditional approval for the transaction. But Viva's value is now somewhat diminished since it ceased operations, and Avianca has to factor that into its calculus going forward.

The market volatility in Colombia appears to be continuing for the short term and as a result, predicting the ultimate composition of the country's aviation market remains up for conjecture.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,253 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.