Viva Air CEO: '70% of the cost of an airfare in Colombia corresponds to taxes'

Grupo Viva Air CEO Félix Antelo commented on operational costs in Colombia, stating: "70% of the cost of an airfare in Colombia corresponds to taxes… From Barranquilla to Bogota and Medellin we have fares from COP70,000 (USD21.30) and COP80,000 (USD24.40) and from that value 70% are taxes, the carrier takes between COP15,000 (USD4.50) and COP20,000 (USD6.10)" (El Comercio, 18-Jun-2019). He added: "There's space to reduce operational costs ".