A Blessing and a Curse

BUSINESS boomed when the government deregulated air transportation in 1999. The number of airlines tripled, doubling the number of passengers.

But this deregulation has not been properly monitored. To enter the market, interested parties only need to submit a feasibility study and prepare two planes for operation, whether they are owned or rented. New planes are the best option, but many of them are aging aircraft. With an initial capital of ju

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