The European airline is growing its dominance in the long-haul market connecting Spain with international regions. In 2019, the airline transported 170,000+ passengers, and grew revenues by 47% over the previous year. The airline reports an average load factor (occupancy) of 87%.
“We are glad to share this great news at the event, which is possible thanks to our good relations with the government agencies of Colombia. We are very excited and grateful for the trust they have placed in us,” says Plus Ultra President Fernando Garcia Manso.
The company already claims a strong presence in Latin America, with 60% of its passengers from Latin America, compared to only 40% being Spanish nationals. “For the most part, these travelers belong to the ethnic and leisure segment, though we also have a part of the executive or business segment,” says Gibson Preziuso, the airline’s commercial director.
“With this milestone, we meet our goal of opening a new route a year and continuing to connect Spain and Latin America in addition to responding to the high demand towards this destination, with direct flights at very competitive prices,” stated Preziuso.
The fast-growing airline has gone from 80 to 400 employees since its launch 5 years ago with flights from Madrid to Latin America and vacation destinations such as Tenerife, Canary Islands. The company flies Airbus A340/300 and A340/600 models that carry between 275 and 376 passengers.