Viva Air's Holder Of Voting Rights Has Not Received An Offer By JetSMART
JetSMART announced its intentions of acquiring Viva Air last week.
JetSMART announced its intentions of acquiring Viva Air last week.
On Tuesday, JetSMART announced its intentions to acquire 100% of the shares of Colombian airline Viva.
The carrier is looking to increase its footprint in the market by acquiring a fellow low-cost-carrier.
The airline will launch flights to four countries in South America, Bolivia, Chile, Colombia, and Ecuador.
In July 2021, both carriers signed a letter of intent to launch a unique partnership in South America.
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This is JetSMART's fifth route to Brazil.
The airline looks to launch domestic operations in a fourth South American country. It already operates in Chile, Argentina, and Peru.
The low-cost company is competing with Sky Airline and LATAM in this route.
JetSMART Peru looks to operate international flights from Lima, Cuzco, and Arequipa.
Colombia would be JetSMART's fourth domestic market in South America.
The proposed partnership would create "the broadest network in the Americas."
JetSMART now offers 72 routes throughout the region.
The ULCC already operates domestic flights in Chile, Argentina, and Peru.
JetSMART Peru has now got access to 22 new routes and can start spreading its wings deeper into South America.
JetSMART is looking to increase its connectivity throughout South America.
The new aircraft will have a spotted eagle ray painted on its tail.
El Palomar Airport was commercially active between 2018 and 2020.
The new route between Buenos Aires and Asunción will begin in November.
The first of many JetSMART aircraft has been fitted with the new Recaro SL3710 seats.