Cape Verde's Minister of Tourism acknowledged today that an airline operating domestic connections in the archipelago must carry more than 350,000 passengers to be sustainable, justifying the lack of competition.
According to Carlos Santos, the number results from a study conducted in Cape Verde in the period 2018 and 2019, funded by the World Bank within the restructuring of the state airline TACV, which stopped operating domestic flights to focus on international flights.
"And that study points out that there is a 'breakeven point,' that is, the point from which the company or the sector begins to have . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here