Avianca’s Move towards LCC Status with Introduction of ‘Low-Cost’ Feature
Avianca, one of the largest airlines in Latin America, has recently announced a new “low-cost” feature, indicating a potential move towards becoming a low-cost carrier (LCC). Low-cost carriers, also known as budget airlines, typically offer lower fares by reducing costs through measures such as charging for extra services, operating a single aircraft type, and utilizing … Read more