The low-cost airline Flybondi has competition now that the extra low-cost Chilean JetSmart has bought up Alas del Sur and has received authorisation from the ANAC civil aviation authority to fly out of El Palomar. JetSmart is the property of the United States investment fund Indigo Partners headed by Bill Franke. Córdoba-based Alas del Sur, founded by businessman Damián Toscano, has already requested 36 local frequecies, as well as regional destinations in Chile, Brazil, Bolivia, Peru and Paraguay. At the start of the year JetSmart announced plans to acquire 70 Airbus 320 aircrft to service these routes. El Palomar airport is to go international in November, ANAC has confirmed, with JetSmart flying to the Chilean capital of Santiago while Flybondi covers Montevideo, Punta del Este and Asunción and Avianca Sao Paulo.