All Latin America news – Page 29
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NewsAeromexico files restructuring plan with US bankruptcy court
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, has filed a restructuring plan with a US court as it works through bankruptcy proceedings. The Mexico City-based carrier said on 2 October that the filing of the plan, to the bankruptcy court for the Southern District of New York, is ...
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Airline BusinessAirline Strategy Awards signal return of international airline events
As Covid-19 travel restrictions are relaxed in some key airlines markets, the return of international in-person events is a growing trend – and an important one for an industry that would struggle if Zoom became the default setting for business networking.
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Airline BusinessCan airlines overcome supply-chain challenges to meet strong air cargo demand?
The surge in demand for air cargo and attractive yields do not come without complications. Crucially, the sector is unavoidably part of the wider supply-chain issues that have been reported around the world in recent weeks.
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NewsLATAM to equip A320s with fuel-saving engine-idle descent function
Chile’s LATAM Airlines will equip its fleet of Airbus A320-family narrowbodies with an Airbus-supplied system that reduces fuel burn by automating an “optimal” engines-at-idle descent.
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NewsEmbraerX partners start-up Pyka for autonomous aerial agricultural operations
Embraer’s innovation subsidiary EmbraerX is working with North American start-up Pyka to develop autonomous aircraft for agricultural operations.
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NewsGol to acquire 250 of Vertical Aerospace’s in-development VA-X4 from lessor Avolon
Brazilian airline Gol intends to lease or purchase 250 of Vertical Aerospace’s in-development VA-X4 air taxis from aircraft lessor Avolon, which ordered 500 of the conceptual aircraft earlier this year.
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OpinionFull rendezvous with reality is still ahead from some airlines
A struggle might be approaching for operators that need to access new equity amid a lack of appetite in the market, writes CTAIRA analyst Chris Tarry
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NewsAmerican to invest $200 million in Gol, expand marketing pact
American Airlines plans to acquire about 5% of Brazilian carrier Gol’s shares for R1.05 billion ($200 million) as part of a plan by the airlines to expand an existing marketing and codeshare agreement.
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AnalysisIATA AGM and COP26 are pivotal moments for airline sustainability challenge
IATA has already promised that this October’s AGM meeting in Boston will consider more ambitious sustainability targets. Then, a month later, the UN will convene in Glasgow for its latest climate change conference, COP26.
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NewsUS court takes Avianca a step closer to emerging from Chapter 11
The US bankruptcy court for the Southern District of New York has approved Colombia flag carrier Avianca’s disclosure statement describing the terms of its reorganisation plan.
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NewsBoeing yet to restore 20-year global fleet outlook to pre-crisis 50,000 mark
Boeing is yet to restore its 20-year global fleet forecast to the 50,000 mark it predicted in its pre-crisis outlook, although its latest projection is still higher than that foreseen last year. Two years ago, before the onset of the pandemic, the US airframer had envisioned nearly 50,700 aircraft worldwide ...
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Airline BusinessAirline coronavirus recovery tracker: September 2021 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsJuly a solid month for air cargo but risks remain: IATA
July was another solid month for the air cargo industry, but rising Covid numbers could disrupt the sector’s recovery, according to IATA.
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Airline BusinessAirline Business Index scores industry at two-thirds of pre-Covid size
The latest quarterly Airline Business Index shows the global airline industry reached exactly two-thirds of its pre-crisis size at the mid-point of 2021.
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NewsIATA calls for vaccine status standard as tourism body issues AstraZeneca warning
IATA has called for the EU’s Digital Covid Certificate (DCC) to become the global standard for proof of vaccination status, the day after the global tourism industry warned that issues over the recognition of different vaccine types could stymie the international travel recovery.
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NewsVolaris to launch El Salvador subsidiary in September
Mexican ultra-low-cost carrier Volaris has obtained authority to operate a subsidiary in El Salvador.
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NewsEmbraer’s Eve signs deal to operate 100 air taxis in the Asia-Pacific region
Embraer’s urban air mobility business continues to push forward ambitious plans for intra-city transport, now saying it intends to operate up to 100 electric air taxis in the Asia-Pacific region via a partnership with Ascent Flights Global.
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NewsEmbraer looks to double its revenue in ‘medium term’
Embraer thinks its can possibly double its revenue in the “medium term”, the result of increasing aircraft delivery rates and expanding its aircraft services business.
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NewsEmbraer’s electric EMB-203 Ipanema makes maiden flight
Embraer in recent days completed first flight of an electric-powered EMB-203 Ipanema, part of a project by the company to develop electric technologies for use in future aircraft projects.
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NewsEmbraer rolls out carbon-reduction targets, supports ‘net-zero emissions’ by 2050
Embraer has pledged to develop “solutions” to achieve “net-zero aviation emissions” by 2050, saying it will work expand the use of biofuel and continue developing aircraft powered partly and fully by electricity.