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Evaluation: We Flew Colombia’s New Low Cost Carrier JetSmart; Here’s How it Went (Video)

Posted On April 29, 2024
By : Loren Moss
Comment: Off
Tag: airlines, american airlines, aviation, bogotá, Budget Travel, colombia, estuardo ortiz, indigo partners, Jet Smart, jetsmart, latin america, medellin, south america, travel, ultra air, Viva

The demise of Viva and Ultra Air last year left a big void in Colombia’s domestic aviation market. Jetsmart was already flying international routes to and from Colombia, but announced that it would create a Colombian subsidiary to fly domestic routes between Colombian destinations.

Jetsmart’s CEO Estuardo Ortiz was on hand, and we were even able to get a few words with him before the flight boarded.

Finance Colombia Executive Editor Loren Moss flew their inaugural domestic route last month, between Bogotá and Medellín; his first time ever flying JetSmart. The airline also plans route cooperation with US-based American Airlines, which is a major investor in JetSmart, along with US private equity firm Indigo Partners.

Indigo Partners LLC is a private equity firm established by W. A. Franke in 2003 to pursue acquisitions and strategic investments in the air transportation and related industries. The firm was a lead investor in Tiger Airways based in Singapore and Spirit Airlines based in Ft. Lauderdale, Florida, and maintains lead investments in Wizz Air Holdings, Plc, a ULCC with multiple bases in Central and Eastern Europe; Frontier Airlines, a ULCC based in Denver; Volaris Airlines, a ULCC based in Mexico City; Cebu Pacific, a ULCC based in the Philippines; and JetSMART, a ULCC based in Chile. Indigo is headquartered in Phoenix, Arizona.

Have you flown JetSmart? What do you think? Let us know in the comments.

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Loren Moss is the founder and publisher of Finance Colombia. He has over 20 years of international business experience, including over a decade of experience in securities, insurance, and commercial real estate, at the institutional and international level.
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