Cape Verde’s tourism minister admitted today that an airline operating domestic links in the archipelago needs to carry more than 350,000 passengers to be sustainable, justifying the lack of competition.
According to Carlos Santos, the number results from a study carried out in Cape Verde in the period 2018 and 2019, financed by the World Bank in the framework of the restructuring of the state airline TACV, which stopped domestic flights to focus on international flights.
“And that study notes that there is a ‘tipping point,’ that is, the point at which a company or sector begins to have …
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