Passenger numbers in the U.S. reached their highest levels since Spring 2020, but new concerns about the omicron coronavirus variant could threaten momentum during the winter travel season.
Brazil’s Azul has opted not to pursue an acquisition of LATAM Airlines Group but says it will evaluate further consolidation opportunities in Latin American markets.
By Adrian Schofield, Chen Chuanren, Helen Massy-Beresford
The recovery of air travel is under threat as countries look to insulate themselves from the new omicron coronavirus strain by re-imposing travel restrictions.
Despite near-term challenges such as the emerging Omicron coronavirus variant, the fundamentals for LCC success in the Asia-Pacific region remain strong.