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The Colombian low cost airline Ultra Air reported that it will maintain its flights having achieved a new capitalization by its shareholders. Photo press Ultra Air
Hard days and weeks the Colombian airline industry has experienced, that despite being one of the fastest growing in the region thanks to demand and dynamism, It has not been exempt from the macroeconomic problems that many face worldwide.: high price of combustible, local currency depreciation and global economic situation.
This context was the same one that generated that Viva keep your flights suspended so far and that almost generates the same thing in Ultra Air, but everything seems that there is an exit at the end of the tunnel.
Ultra Air will keep its flights operational
Despite the fact that the brief negotiation and previous agreement so that the Chilean company JetSmart includes Ultra Air, as a process to accelerate its certification as a new airline in Colombia that did not prosper, the situation of the newest Colombian airline seems to be progressing favorably to get out of the current rut.
After Ultra Water have completed its first year of operations, making more than 12.000 flights and arriving at 8% of market share, In recent days, the airline has not been immune to public scrutiny given rumors of possible cessation of operations, return of aircraft or a definitive closure.
Having aggravated in the last hours due to the unscheduled maintenance of two of its Airbus A320, The airline has come out in separate statements to deny press statements that took for granted the closure of the airline, where now even the company has indicated that it has managed to strengthen itself economically and has restarted ticket sales:
With the backing and support of employees, suppliers and shareholders, Ultra Air will continue to operate and be the low-cost alternative in the Colombian market, that works to democratize air transport in the country.
The present day, making a great effort, The shareholders have capitalized the company, strengthening its financial position and giving continuity to the operation and the provision of the essential public service. However, The current situation of the airline industry in Colombia continues to be complex and it is necessary to continue working with the National Government on long-term solutions.
We apologize to passengers who have experienced changes to their travel plans recently, since in the last 24 hours the operation was affected by the unscheduled maintenance of two aircraft. The Ultra Air team is at the forefront to reincorporate them in the shortest possible time, under the most rigorous safety standards.
Finally, the airline abides by and respects the administrative measures adopted by the authorities and will implement a restructuring plan for its itinerary, to be more efficient and improve the financial results of the company.
We look forward to this information, the gradual recovery of operations Ultra Air, as well as its financial stability that allows it to continue competing in the now challenging Colombian air market..
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What an insightful article! It’s truly refreshing to see an airline like Ultra Air taking proactive measures to ensure the safety and reliability of its flights. In an industry where time is of the essence, striking the right balance between maintaining a rigorous flight schedule and prioritizing maintenance is no small feat.
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