LCCs bullish in Latin America

摘要

All carriers in Latin America continue to grapple with the Covid-19 pandemic to varying degrees, with a significant imbalance in different markets and business models having consequences for fleet development in the region. Viva Aerobus and Volaris, however, have led an impressive recovery in Mexico and are bullish in terms of post-pandemic growth opportunities, backed by pent-up demand and a strong domestic market more conducive to the low-cost carrier (LCC) business model, not to mention the market exit of Interjet and entry into Chapter 11 bankruptcy protection by Aeromexico.