Aero Republica boss backs sustainable business model

Roberto Junguito, president of Colombian airline Aero Republica, states that a sustainable business model is vital in these troubled times. The focus must be on flying one or two plane types only, on an efficient costs structure, on good use of assets and route diversification.

Aero Republica allied strategically with Copa Airlines in 2005, a move that has allowed it to strengthen operations and focus on international flights, using Panama as a centre for connections. It has also allied with Continental and, despite not flying to the US itself, can thus offer over 150 US destinations to its passengers.Aero Republica has invested US$1mil in infrastructure, US$5mil in technology and huge sums on a new ten-plane-strong fleet, four bought outright at an average of US$35mil and six leased. The airline begins operations in Colombia Eje Cafetero tomorrow.

Publication: SABI - Business News
Provider: South American Business Information
December 18, 2008

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