Latin America – Page 11
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NewsUS seizes Falcon jet allegedly used to transport Venezuelan president
US authorities have seized a Dassault Falcon 900EX which is alleged to have been operated for the benefit of Venezuelan president Nicolas Maduro, in violation of US export control and sanction laws. The aircraft – registered T7-ESPRT – was seized in the Dominican Republic and transferred to Florida, says the ...
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NewsAzul in ‘active negotiations’ with stakeholders to return to profitability
Brazil’s Azul has clarified that it is developing a new plan to return to profitability following a media report that it was weighing options for its future, ranging from additional equity support to Chapter 11 bankruptcy protection.
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NewsBrazilian legislature approves R5bn in credits for the country’s airline sector
The Brazilian legislature has passed a bill that will provide R5 billion ($914 million) in credits for its struggling airlines.
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NewsLATAM 777-300ER tail-strike probe indicates take-off data discrepancy
Italian investigators probing a LATAM Airlines Boeing 777-300ER tail-strike at Milan Malpensa indicate a discrepancy between the take-off parameters used by the crew and those calculated by the carrier after the event. The aircraft had been conducting a service to Sao Paulo on 9 July. Its tail contacted the ground ...
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NewsUruguay to become sixth South American Super Tucano user
Uruguay plans to obtain up to six Embraer A-29 Super Tucano light-attack aircraft, in its first commitment to a new combat aircraft in decades.
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AnalysisBoeing returns to lead Top 100 aerospace companies ranked by revenue
Boeing has regained its status as the world’s biggest aerospace company, but its sales improvement masks continuing problems with profitability. Our analysis uncovers how the US giant and its industry peers performed during the financial year.
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Airline BusinessAeromexico’s Q2 profits climb amid pending stock offering
Aeromexico turned a $242 million profit in the second quarter of 2024, a significant year-on-year improvement coming as the airline continues working toward an initial public offering on the New York Stock Exchange.
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NewsBrazilian regulator tightens monitoring of Voepass in wake of ATR crash
Brazilian civil aviation regulator ANAC is placing regional carrier Voepass under enhanced operational supervision in the aftermath of the fatal accident involving one of its ATR 72-500 turboprops. The circumstances of the crash, near Vinhedo outside Sao Paulo on 9 August, have yet to be determined. But ANAC says that ...
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NewsCurrency and capacity pressures push Brazil’s Gol to R3.9bn loss in second quarter
Brazil’s Gol posted a second-quarter loss of R$3.9 billion ($700 million) as an unfavourable exchange rate hit the company’s earnings, and passenger capacity fell, denting revenues.
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NewsAzul reports R$3.9b loss as value of Brazilian real tanks
Azul posted a R$3.87 billion ($703 million) loss for the second quarter of the year after the devaluation of the Brazilian real to the dollar, as well as higher fuel costs, hit the company’s earnings.
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NewsCommercial flights at flood-damaged Porto Alegre airport to resume in October
Brazil’s government has declared that the flood-hit Porto Alegre airport will be re-opened to commercial flights from 21 October.
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NewsFlight recorders retrieved from crashed Voepass ATR 72-500
Brazilian investigators have recovered both flight recorders from the Voepass ATR 72-500 which crashed in the vicinity of Sao Paulo, with no survivors among the 62 occupants. Air accident investigation authority CENIPA, part of the Brazilian air force, says it is “already in possession” of the cockpit-voice and flight-data recorders ...
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NewsVoepass ATR 72 crashes near Sao Paulo
Brazilian carrier Voepass has confirmed that one of its ATR 72 turboprops has been involved in an accident while operating to Sao Paulo Guarulhos airport. The aircraft had been conducting flight 2Z2283 from Cascavel on 9 August. Voepass says the aircraft came down in the vinicity of Vinhedo, to the ...
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NewsPanama’s Copa Airlines second-quarter profit reaches $120m
Panama-based Copa Holdings, parent of Copa Airlines, posted a $120 million profit in the second quarter as the company committed to cost savings and as passenger demand remained high.
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NewsLATAM Airlines Group second-quarter profit flat at $145m
Increased international demand boosted LATAM Airlines Group’s second quarter results as the Santiago-based company posted a profit of $145 million.
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NewsLATAM to invest $2bn in Brazil in the next two years
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”.
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NewsEmbraer automatic take-off system will use E2's capabilities to optimise rotation
Embraer’s automatic take-off system for the E2 is intended to offer increased range by balancing various criteria in order to ensure greater accuracy and efficiency during rotation. The airframer aims to make the Embraer Enhanced Take-off System – or E2TS – available from the fourth quarter of next year. Embraer ...
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NewsKAI works to sell updated FA-50s to existing customers
Korea Aerospace Industries (KAI) is focused on the potential to expand FA-50 fleets with existing customers in Indonesia, the Philippines and Thailand.
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NewsAbra signs preliminary deal for five A350s
Avianca and Gol holding company Abra Group has signed a memorandum of understanding for five Airbus A350-900s.
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NewsEmbraer receives ANAC certification for E190 Freighter
Embraer’s first passenger-to-freighter model, the E190F, has been certificated by Brazil’s aviation regulator ANAC.