The beginning of operations of several regional airlines in the moderately priced sector is auspicious for trade, and in particular tourism.
The launch in San Jose this week of the ultra low cost airline Volaris Costa Rica, with a presence in Mexico, the United States and Central America, who will begin operating next month with a San Jose, Costa Rica -Guatemala City (Guatemala) route, confirms how activated the business of commercial aviation in Central America has become.
The airline said that the issue is made up of 100 million shares at a price of $ 2.67.
The company launched in Colombia an IPO for $ 267.2 million. Deadline for placement of preferred shares is 15 days due on April 15.
The airline's chief executive, Fabio Villegas, said "The AviancaTaca Holding SA IPO is an important step in the history of the company, emphasizing the consolidation process of the two airlines, the business and financial success and the modernization and standardization of the fleet.
In a growing market, 16 commercial air companies operate an average of four to five corporate flights a day.
Providing a flight with value added services, such as alliances with hotels and transport services in the areas surrounding airports is one of the elements with which airlines that offer charter flights to businesses and tourists are aiming to differentiate themselves.
Copa launched a new version of its website, Copaair.com, after 18 months of work and a $5 million investment.
Frank Kardonski, e-business director at Copa Airlines, explained that the new site enables users to pay in six different currencies (U.S. dollars, Brazilian reales, and Chilean, Colombian, Mexican and Argentinian pesos).
“We benchmarked the websites of the best airlines of the world. In them, the client gets what he wants with one or two clicks”, said Kardonski.
Along with an increase in the number of tourists arriving in the country, airlines have reported increases of up to 30% on certain routes.
Claudia Arenas Bianchi, international director of communications and corporate affairs at Avianca TACA, said that in 2011 "the Nicaraguan market experienced growth of ten percent,” reported Laprensa.com.ni.
I am not a big fan of airline stocks. As long as I have been watching stocks (30 years), outside of Southwest Airlines (LUV), they seem to spend more time losing money than making it. These are business with huge overhead costs that think nothing of slashing fares to win a bidding war or pick up a few points of market share.
When I took a closer look at Copa Holdings, Inc., I found an airline company that actually seems to make good profits and the valuation looks pretty nice at these levels.
Losses arising from the low occupancy rate on this route led Copa Airlines to decide to stop flying between Panama City and Puebla, Mexico.
The airline said that passengers who have flights scheduled after June 30, the closing date of the flight, will be covered on flights run by the airline from Mexico City.
Anpanama.com reports that "....Copa Airlines announces that after 11 months of operation in the city of Puebla, with two weekly flights to Panama City, and having made numerous operational and commercial efforts with the Government of Puebla, associations, local business people, travel agents and other allied groups, it has decided tocease its operations to this city from June 30" stated the document sent to ANPanamá by the airline."
CM Airlines has announced that it will operate a weekly flight from Tegucigalpa to the aerodrome of Tela and from there to Roatan, plus two others to Copan and Gracias in Lempira.
Flights arriving at the airfield in Tela, inaugurated in May 2015, will depart from there to Roatan Island, along with the two other flights that CM Airlines plans to operate from Tegucigalpa to Copan and Gracias.
Based in San Jose, Costa Rica, Nature Air is Central America's Premier Airline with daily flights to exotic vacation spots in Costa Rica, Panama and Nicaragua.
Operates in Costa Rica, Nicaragua and Panama
Phone: (506) 2299-6000
The hotel is immersed in 45 hectares of primary and secondary forest , at the foot of the majestic Arenal Volcano , which makes it a true oasis of peace, enriched by an exuberant vegetation and diverse fauna. Montaña de Fuego has become one of the most beautiful hotels in the area, with one of the most privileged panoramic views of the Arenal Volcano.
Operates in Costa Rica, Honduras and Panama
Phone: (506) 2479 1220 - (506) 2479 1220
We are one of the best luxury hotels in San Jose, we have five-stars for business or pleasure travel.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador and Costa Rica
Phone: (506) 2523 1266 - (506) 8378 1266