1.7 billion investment: Argentina approves 135 new airline routes

Source: LinkedIn
By: Aldo Leporati
2/14/2017

Argentina's civil aviation authority (ANAC) approved 135 new routes, for 15 years, for 5 airlines looking to start operating in Latin America's No. 3 economy at more competitive prices. The government estimates airlines such as Colombia's Avianca will invest u$s 1.7 billion in Argentina in the next 4 years, giving Argentines more travel options.

The companies approved, pending a green light from the transportation ministry, are FB Líneas Aéreas (78), Andes Líneas Aéreas (7), American Jet (13), Alas del Sur (21) and Avian Líneas Aéreas (16), the local unit of Avianca Holdings SA. Low cost airlines such as Norwegian Air Shuttle ASA are also expected to request routes in Argentina in coming months.

Regarding domestic flights, ANAC authorized 30 orders originating from El Palomar; 5 with starting point in Cordoba; 2 with origin in Rosario; 1 from Salta and 3 from Mendoza. On international routes, he approved 19 requests from Buenos Aires; The 4 from Cordoba, the three from Mendoza, the 3 from Rosario, the 5 from Iguazú, the 2 from Salta and the route from Bariloche to San Pablo. The companies have 3 months to prove their technical capacity before they can start flying the routes.

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