EasyFly president Alfonso Avila plans to grow his carrier by 40% in 2018 as it introduces three new ATR42s in the 2H of the year. The projected figures follow recorded growth of 30% in 2017, on back of US$66.3 million in revenues.
In the next five years, the airline plans to double the number of its passengers, increase its fleet to 22 aircraft, fly to more remote areas in Colombia, open a base in Cali, and resume its oil routes.
To fund its expansion, the airline is open to raising further capital or using its own cash on hand. The company shareholding was recently increased to five partners, following a US$7.7 million injection from a new shareholder.
EasyJet will also revist talks with LATAM for a possible alliance, including a codeshare agreement.