The prices of Colombian airline tickets for domestic flights dropped
17% in July compared to the same month last year, an official of the
Colombian Air transport Association ATAC announced Wednesday.
According to Saniel Devis, director Economic Studies of the ATAC, the heavy competition between airlines are the cause of the drop in price.
In the same month, domestic flights saw a one percent increase in passengers compared to last year. Cargo transport dropped 22.2 percent however.
The fall in prices is less dramatic than in June, when tickets were 22% cheaper compared to the same month last year.