Ultra-Low-Cost Carriers Confront Headwinds
Canada’s remaining pure-play ULCC Flair Airlines has encountered its own set of challenges in the past couple of years.
Credit: JoePriesAviation.Net
Although 2023 marked the beginning of a return to stable profitability for many airlines, it marked an end for others. Colombia’s two ultra-low-cost carriers (ULCC), Viva and Ultra Air, ceased operations early last year, succumbing to rising costs and financial difficulties. Two months into 2024 and...
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