2008-12-20

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

2008-12-19

Hershey's enters Colombia via Congrupo

Hershey's, the world̢۪s number-one chocolate manufacturer, has launched its product range in Colombia. The US giant has stated that its entry into the local market is not direct competition for national chocolate manufacturers since the product range and the price-list is different. Hershey's chocolates will be imported and sold by Congrupo SA. Its brand-names include Hershey's Cookies N'Creme, Hershey's Milk Chocolate with Almonds, Hershey's Milk Chocolate, Kisses Milk Chocolate, Kisses Milk Chocolate with Almonds, Kisses Caramel, Kisses Cherry and Kisses Truffle.

Publication: SABI - Business News
Provider: South American Business Information
December 19, 2008

Blogroll