Ryan family in South America

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Ryan family in South America Empty Ryan family in South America

Post by atoutprix on Tue 15 Apr 2014 - 12:21

THE Ryan family’s VivaColombia is planning a major expansion drive this year as the Ryanair model takes hold in South America’s third biggest aviation market.
The closely held airline, which began flights two years ago, will fly 2.7 million travellers this year, chief commercial officer William Shaw said in an interview over the weekend.
It has already surpassed Panama City-based Copa to become Colombia’s third-biggest airline, carrying 9pc of domestic passengers in 2013, and plans to expand its no-frills service to routes between Colombia and Panama City after the arrival of the first of two Airbus A320, 180-seater jets that it’s expecting to lease this year, Shaw said.
The company plans to add Peru and Ecuador routes after the arrival of another jet which is expected by November, he added.

The Ryan family’s Irelandia Aviation, led by Declan Ryan, is one of the biggest shareholders in VivaColumbia in partnership with Mexican bus company Grupo Iamsa. They own a combined 50pc.

It is the fifth low-cost carrier launched or invested in by Irelandia. As well as famously founding Ryanair, in which it still has a stake, the Ryan family also has a large interest in US carrier Allegiant Air, Asian airline Tiger Airways and Mexican carrier Grupo Viva Aerobus SAB, which started in 2006 and says its fares are competitive with buses on some routes.

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