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Growing Demand for Low-Cost Flights in Panama

Posted on 2017-05-03

Although the growth rate is relatively low, it represents a transformation in the Central American air market. There are three low-cost airlines in Panama that have increased their presence in the market, competing with the airlines that traditionally shared the region's market.

Elcapitalfinanciero.com reports that “...According to statistics provided by the Civil Aviation Authority (AAC), 223,839 passengers traveled from Panama to cities in other countries using low-cost airlines in 2016. If you compare this figure with the 212,982 passengers that were transported by these airlines in 2015, there is a 5% increase.  

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