LATAM Airlines expects air fares to drop due to excess capacity, fare flexibility and reduced demand

4 September, 2020

LATAM Airlines Colombia CEO Santiago Alvarez commented on air fares, stating the natural course of air fares is to lower due to three main reasons: excess offer, increased flexibility in fare selection to address the profile of passengers and increased unemployment which will drive fewer passengers into air travel (Dinero, 30-Aug-2020).