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The very low cost airline JetSmart, linked to the US investment fund Indigo Partners, continues to cement its expansion plans in Latin America. After expanding its network to Chile with interregional flights and entering the Peruvian market, the goal of the company-led entrepreneur Bill Franke was to start operating in Argentina. This goal will soon be finalized.
JetSmart yesterday acquired the company Alas del Sur, founded by Argentine businessman Damin Toscano and other partners. With this agreement, the Chile-based airline will accelerate its entry into the neighboring country's market and will be set up directly as a local company. The National Administration of Civil Aviation (ANAC) -autonidad aeronautica argentina- n has not yet confirmed this operation, but it approved the operation.
The plan of the company Alas del Sur, based in Crdoba, was to allow the operation of national and international destinations. The company had already requested 36 domestic routes and other destinations in South America, such as Santiago, Santa Cruz de la Sierra, Porto Alegre, Sao Paulo, Ro de Janeiro, Lima and Asuncin and Santiago de Chile.
I also asked to go to Los Angeles, Rome, Barcelona and Shanghi. After seeking permission to operate these destinations, the Air Transport Advisory Council (JATA) has granted almost all of these routes through a notice.
Although Alas del Sur was purely composed of Argentine capitals, Damin Toscano I had already pointed out that the company had started conversations with Chinese investment funds. However, there was never more information on these negotiations.
JetSmart 's South American expansion plan begins to grow with this agreement. The above is added to the powerful fleet plan of the company, signed last year with Airbus. Thus, over the next few years, JetSmart will receive a total of 70 new aircraft (56 A320 and 14 A321), in order to support its business plan in the region. At the time, the CEO of the local firm, Estuardo Ortiz, said the goal was to make JetSmart the regional leader at very low cost in the region.
In addition to aircraft for JetSmart, Indigo Partners also requested a new Airbus aircraft for other low cost airlines related to the investment fund, such as Frontier Airlines, Wizz Air and Mexican Volaris.
3
will be the markets in which JetSmart will operate in the short term, if confirmed.
70
are the aircraft that receive JetSmart following the agreement
with Airbus.
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