Abra Group, the holding company for airlines Avianca and GOL, has acquired a strategic shareholding in Spanish wet-lease and charter provider Wamos Air.
This week’s Carbon Analysis returns to Latin America and reassesses the emissions of Avianca Group, Azul Brazilian Airlines, GOL Airlines, and LATAM Group.
Avianca is unconcerned about fluctuations in its unit revenues, but the company believes its cost base serves as the foundation for continued profitability.
Colombia’s Avianca is willing to take risks as it aims to expand its point-to-point connections and increase traffic to 40 million passengers annually.
A weak or failed Spirit is just as much a threat to price-conscious consumers’ ability to fly and enjoy low fares as a merger with JetBlue Airways would be.