An Update On The Latin American LCCs Market
The growth of Latin American ULCCs and low cost airlines continues unabated as new start-ups in Chile and Argentina work to grow their respective market shares domestically; however, yields in those markets are likely to remain under pressure.
It seems that some of Latin America’s largest operators are working to brace themselves against that uncertainty even as the ambitions of the region’s aspiring LCCs/ULCCs remains as robust as ever.
- Can the Latin American market handle an influx of aspiring LCCs?
- How are the full service carriers reacting to this influx?