Many carriers went out of business during Covid but several seized a golden opportunity to launch.
The International Air Transport Association , the trade body that represents the aviation sector,With flights grounded, global passenger numbers two years ago fell 60% - down to 1.8 billion from 4.5 billion in 2019.
In Iceland, we now have Play and Niceair, while Australian newcomer Bonza, and India's Akasa, are expected in the skies soon. However, he thinks this unique window has now closed, particularly in terms of securing cheap financing. "The once in a lifetime deals for leasing aircraft was in 2021. Those days are gone."This is an areas of the market where other new entrants have failed. Wow ceased operations in 2019, whileHowever, Mr Elnaes reckons valuable lessons have been learned, and the current is different.
Ms Frislid adds that the availability of experienced aviation staff looking for work was a big bonus. "You need specific competence to start an airline.
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