CAPA: ‘It remains to be seen how yields are faring in Chile’ with the LCCs’ market stimulation

    CAPA – Centre for Aviation, in a report entitled: ‘Chile‘s LCCs JetSMART, Sky, spread across Latin America‘, stated (07-May-2019) that a quick snapshot of Chile’s domestic aviation market data shows that JetSMART’s thesis of passenger stimulation could be occurring in Chile. SKY Airline‘s domestic passenger levels grew 10.5% year-on-year in 2018 and LATAM Airlines Group‘s total passenger growth in Chile was 10.6%. Chile’s domestic passenger levels have expanded and even as LATAM‘s passenger share has decreased, its dominance remains intact. But it remains to be seen how yields are faring at Chile’s three largest airlines.