The airline declared its interest in buying 100% of Viva Air’s share package, including all subsidiaries.
The low cost airline JetSMART Airlineswhich operates in the South American market since 2017 (in countries such as the Peru, Chili and Argentina), announced its intention to enter into negotiations to acquire 100% of the shares of the Colombian airline Viva Air (Fast Colombia SAS). Stuart OrtizCEO of JetSMART, assured that this possible commercial agreement will allow maintaining a low cost model in Colombia with longer routes at lower prices in order to increase its operations in South America.
“We have a long-term vision to expand in South America and we are in a position to continue investing in our growth. We believe in the potential of the Colombian market, and our alternative will benefit users, strengthening free competition in the sector, promoting tourism and connectivity in the country,” he said.
JetSMART considers the Colombian market important not only for the tourism, trade and business, but because of its “great exchange of residents” in countries like Peru, Chile and Argentina. For this reason, the low cost airline points out that it is essential contribute to connectivity between all Latin American countries.
In which countries does JetSMART operate?
JetSMART airline operates in seven countries in South America and in all its routes has transported more than 19 million passengers. To date, it has become the fastest growing airline in this part of the continent by counting with a fleet of 23 aircraft and an order for Airbus A320 and A321, which will lead to more than 124 aircraft by 2029.
- Peru
- Chili
- Argentina
- Brazil
- Colombia
- Uruguay
- Paraguayan.
Source: Larepublica
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