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The airline low cost Wingo announced its growth projections for 2024, year in which it estimates to grow 16%.
Wingo will continue to grow during this 2024 to provide more seats at low cost to the Colombian airline market. For this particular year, The airline projects an increase in passengers of 16%, in order to mobilize more than 3.4 million travelers. The highest figure since its founding in 2016 as a low cost company.
Wingo projects significant growth for 2024
“We closed the first month of 2024 with very good demand performance, with growth that exceeds 30% vs what was obtained in January 2023. This good response from passengers to the Wingo product during this first month of 2024, has led us to be optimistic about the company's operational performance for the annualized year. We are already the third player in the national air market and our objective for the 2024 “is to earn more and more the preference of a greater number of travelers”, expressed Eduardo Lombana, Wingo CEO.
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Wingo will put more chairs in both the domestic and international markets. In the domestic market, will focus its efforts on offering a greater number of frequencies on the routes it already operates, but where a considerable increase in demand is identified.
Here are included the main national trunks from The Golden like Bogotá – Medellín, Bogota–Cali, Bogota – Barranquilla, Bogotá – Cartagena and Bogotá – Santa Marta; as well as the beach routes originating from the José María Córdova: Medellín – Cartagena and Medellín – Santa Marta.
Regarding the international market, Wingo will focus its capacity efforts on initiating new routes to Venezuela, with the aim of connecting Caracas with more cities of Colombia; as well as other cities in the neighboring country with Bogota. On the other hand, It also has plans to implement new routes to destinations in the Caribbean and Central America., from different airports in Colombia.
“On the national front we are going to concentrate on strengthening the product with a greater number of frequencies on the routes already operated.. Regarding the international market, We are analyzing a range of new routes from different airports such as El Dorado, the José María Córdova and the Ernesto Cortissoz towards new and already operated destinations in Latin America. Our expansion efforts this year already began with the launch of the Medellín – Caracas last January”, pointed out Lombana.
Finally, with this growth projection for the 2024, Wingo consolidates itself as the low-cost airline with the most robust operation in the Colombian market, with their 37 routes that connect 23 destinations in 11 Latin American countries.
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