Colombian airline Easyfly is in the black, posting profits of $388,000 in 2010 after just three years of operation, magazine Dinero reported Wednesday.
President of the Colombian airline Alfonso Avila presented the results on March 30 and said that the company has broken even two years earlier than expected.
Considerable investment was made with $13.9 million being used to increase its fleet. Easyfly now has 13 Jet Stream 41 with a capacity of 29 or 30 passengers plus three crew.
Since Easyfly’s inception in 2007 the company has increased its sales by 50% every year. This has meant that the number of passengers Easyfly transports per day has increased by 370% between 2007 and 2010 from 350 to 1,300 with the percentage of seats occupied on a flight reaching 67% in 2010.
The airline also now offers 17 routes and is the only one flying between Bucaramanga and the Caribbean coast.
In relation to the new airline VivaColombia, a low-cost carrier which aims to begin flying in Colombia in 2012, Avila said that this new company does not present a challenge stating that taking into account the size of the aircraft that VivaColombia will have, it only represents competition to destinations with big airports.
Concerning the possible construction of a second airport in Bogota, Avila added his support for the project, stating that it would improve the infrastructure of the national aeronautical industry as a whole.