Viva believes the airline consolidation story in Latin America is far from over
Although airline consolidation in the Latin American market appears to be occurring at a rapid-fire pace, the reality is that the latest agreements to emerge took some time to develop and finalise.
Yet even as Abra Group, which comprises Avianca, GOL and Viva, works to gain all the necessary regulatory approvals for its creation, the consolidation story in the region is not over.
Viva believes more M&A in Latin America will occur to create a more tenable aviation industry in the market.
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