CAPA: Brazil and Mexico likely to be the fastest recovering markets

CAPA - Centre for Aviation, in a report entitled: 'COVID-19 outcome: South American airlines increase competition', stated (04-Jan-2021) it is widely accepted that Brazil and Mexico are likely to be the fastest recovering markets in the world, led by the restoration of capacity by low cost and ultra low cost airline operators. Mexico's ULCCs Viva Aerobus and Volaris are operating near, or at, 2019 capacity levels. In Brazil, Azul is aiming to operate approximately 70% of its 2019 capacity in 4Q2020 and Gol projects restoring its pre-pandemic domestic network in Feb-2021. [more - CAPA Analysis]