A low-cost airline needs to start out flying to South | World Market Information
Whereas it launched in 1994 and shortly rose in prominence as a funds option for flying between totally different cities within the U.S., Frontier Airways (FRON) had a harder time breaking into worldwide locations standard with American vacationers.Routes to Caribbean nations corresponding to Belize and Nassau had been launched solely to be discontinued, whereas sure flights to cities in Mexico and Jamaica additionally didn’t survive the market. 💰💸 Do not miss the transfer: Subscribe to TheStreet’s free day by day publication💰💸
Bogotá is an more and more standard trip vacation spot for American vacationers. Frontier Airways has utilized for a allow to fly to Colombia from the united statesShutterstock
If authorised, new flight will tackle South American giantThe airline’s greatest push to interrupt into the tropical market passed off within the spring of 2024 when Frontier introduced a quantity of new flights to Puerto Rico’s San Juan’s Luis Muñoz Marín Worldwide Airport in addition to new routes to the Dominican Republic and Barbados.Whereas the airline is but to fly to South America, Argentinian outlet Aviacionline broke the news that Frontier has utilized for a allow to launch a new route between Luis Muñoz Marín (SJU) and El Dorado Worldwide Airport (BOG) in Colombia’s Bogotá.Associated: American Airways to launch solely direct flight to this tropical vacation spot”According to the document submitted to Aerocivil, Frontier plans to operate two weekly flights using Airbus A320neo and A321neo (EADSF) aircraft,” the news outlet reported. “The airline will compete directly with Avianca (AVHOQ) , which already operates ten weekly flights between Bogotá and San Juan, using Airbus A320ceo and A320neo.”Avianca is the flagship provider of Colombia and the second-largest airline in South America after LATAM (LTMAQ) .Whereas this route could be Frontier’s first enterprise into South America and solely path to Colombia from the U.S., the flight is designed to serve a very particular market of vacationers going between Puerto Rico and Colombia for business or household connections. Vacationers from the mainland U.S. would usually fly from or by way of Miami.There’s a lot of curiosity within the Puerto Rico-Colombia market (right here is why)JetBlue Airways (JBLU) has additionally launched a flight from San Juan to Jose Maria Cordova Worldwide Airport (MDE) in Colombia’s Medellín in October 2024. Even so, the market is at present dominated by Avianca which at present runs 10 weekly flights between Bogotá and San Juan.The South American aviation giant has been the subject of rumors that it’s making ready to file an IPO within the U.S. in some unspecified time in the future this 12 months.Extra on journey:
“Our Medellín service adds to our successful franchise in Colombia,” JetBlue’s Vice President of Community Planning Scott Laurence stated in a assertion. “Customers continue to choose JetBlue and allow us to expand and grow in Colombia.”Frontier, in the meantime, has prioritized making San Juan a main hub for its Caribbean growth. In the mean time, it sells flights to the U.S. territory from 15 cities on the mainland — Orlando, Philadelphia and Newark, amongst others — in addition to 9 worldwide locations within the space corresponding to Barbados and Trinidad and Tobago.Final July, the airline formally introduced that it was making Luis Muñoz Marín Airport an official crew base.”This new crew base underscores just how vital San Juan has become to our operations as we continue to grow our service between Puerto Rico and the U.S. mainland, as well as to other islands in the Caribbean,” CEO Barry Biffle stated on the time.Associated: Veteran fund supervisor points dire S&P 500 warning for 2025
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