Nine consortia including Air France, Continental, Vasp, Taca, Aces, and Carnival Airlines are bidding for a 50.1 per cent stake in Ecuatoriana. Business plans plus a minimum working capital sum of $10 million must be submitted by mid-June.
Source: Airline Business
Chile’s LATAM Airlines Group has pledged to invest $2 billion in Brazil in the next two years, focusing on “products, technologies and services for passengers as well as aeronautical maintenance activities”.
Sun Country Airlines has curtailed growth plans for the second half of 2024, becoming the latest US discount carrier to do so in response to sagging fares what executives describe as an over supply of seats.
Aer Lingus hopes to reignite plans to introduce the Airbus A321XLR into its fleet following the signing of a new labour agreement with its pilots in July.
