Why there are so many start-up airlines despite the pandemic?

According to critical journal of Simpel flying

The pandemic has impacted aviation profoundly, even for a usually volatile industry. From airlines cutting routes, canceling orders, and being grounded for months, the last year has been extremely tough. However, despite the challenges, several start up airlines have emerged around the globe. From Asia to South America, new airlines are cropping up every month. But why are so many seeing the pandemic as an opportunity?

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