Abstract
Subject The expansion of low-cost airlines in Latin America. Significance In late October, the first tickets for flights with Wingo -- a new no-frills carrier running routes between Colombia, Central America and the Caribbean -- went on sale. The new Colombia-based company is competing directly against several traditional and budget airlines for a share of the growing market for domestic and international air travel within the region. Wingo's creation, together with that of Viva Air Peru in November, highlights the continued disruption to a sector long dominated by a small number of high-cost carriers. Impacts Greater availability of reasonably priced international flights will boost Latin American tourism to the Caribbean. Cheap air travel may also help expand and consolidate regional trade ties, reducing the cost of business trips. Increased flight frequency and passenger numbers will help regional airports which have often operated below capacity.
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