A new low-fare carrier is expected to enter Chile's domestic airline market in mid-March. It will serve local destinations and run some cross-border services to Argentina. Headed by Chilean entrepreneur Patrício Suarez, the unnamed carrier will operate six 120-seat airliners of unspecified types. According to Suarez, the new carrier will require an investment of around $20 million, which should be be recovered within 48 months of launch.
Source: Flight International