Latin America – Page 24
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PodcastAirline Business Podcast: Consolidation challenges, Riyadh Air, C-suite diversity
Graham and Lewis talk through the growing list of consolidation moves within the global industry, discussing why deals take such a long time to get over the line.
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Airline BusinessAirline Business performance tracker: Americas Q4 2022
Key data from the most-recent Americas earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsJetSmart scraps planned acquisition of Colombia’s Ultra Air
Just six days after signing a letter of understanding to acquire Colombia’s Ultra Air, Chilean low-cost carrier JetSmart has abandoned its plans.
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NewsColombia approves Avianca’s planned Viva acquisition, with conditions
Colombia’s civil aviation regulator Aerocivil has approved a planned acquisition by flag carrier Avianca of financially strapped Viva Air, but has subjected the deal to several conditions.
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NewsFrontier plans to step up flights from Atlanta this summer
Frontier Airlines is planning a seasonal expansion of its Atlanta operations, which will become the ultra-low-cost carrier’s third largest operation by this summer.
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NewsJetSmart moves to purchase Colombian domestic carrier Ultra Air
Chilean ultra-low-cost carrier JetSmart has signed a memorandum of understanding to purchase Colombian domestic carrier Ultra Air.
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Airline BusinessPassenger demand steps up in encouraging start to 2023
Global demand for passenger travel has undoubtedly stepped up in the early months of 2023, as the recovery from Covid-19 continues.
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NewsAvianca to launch routes from Boston and Orlando to El Salvador
Colombia’s Avianca will launch flights from Boston and Orlando to San Salvador, the capital of El Salvador, bginning in June.
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Airline BusinessAirline Business Covid-19 recovery tracker: March 2023 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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Airline BusinessAirline Business Index shows global revenue surging above pre-Covid levels
The latest Airline Business Index shows the global airline industry’s revenue soared above 2019 levels in the final quarter of 2022, as the sector edged closer to its pre-Covid size.
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NewsColombian aviation regulator approves 27 domestic routes for JetSmart
Colombia’s civil aviation regulator, Aerocivil, has approved 27 domestic routes for Chile’s ultra-low-cost carrier JetSmart.
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Airline BusinessAirlines struggle to fast-track consolidation
It is not without reason that the airline industry is one of the least consolidated sectors globally. Regular competition issues are compounded by the inherently international nature of the business, which for a majority of operators involves connecting cities in different countries, even if the consolidation itself is not cross-border.
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NewsLATAM Airlines swings to profit in Q4 of ‘milestone year’
LATAM Airlines Group posted a profit for the final quarter of 2022, just months after it became the last of three Latin American airlines to emerge from voluntary restructuring precipitated by the Covid-19 pandemic.
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NewsEmbraer posts $23m Q4 profit as deliveries surge late in 2022
Embraer overcame broad supply-chain issues to finish 2022 strong as aircraft deliveries surged in the fourth quarter.
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NewsDelta Air Lines says Airbus jet not hit by gunfire in Santiago
Delta Air Lines says the Airbus A350 that was parked near the location of a foiled heist at Santiago’s Arturo Merino Benitez International airport on 8 March was not, in fact, hit by gunfire.
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NewsDelta Air Lines Airbus A350 jet appears to have been hit by gunfire in Santiago
A Delta Air Lines Airbus A350 appears to have been hit by gunfire during a failed armed robbery on the apron at Santiago’s Arturo Merino Benitez International airport.
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NewsBrazil’s Gol reports higher earnings amid rise in ‘bleisure’ travel
Brazil’s Gol says the rise of ‘bleisure’ trips – a combination of business and pleasure travel – boosted earnings during the fourth quarter of 2022.
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NewsColombian transport authority steps in to manage Viva Air re-organisation
Colombia’s transportation superintendent, the oversight authority for the sector, has taken control of troubled budget airline Viva Air and is seeking to submit the carrier to a business recovery process. The superintendent states that the control decision sets out tasks including drawing up, within two days, an immediate improvement scheme ...
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NewsAzul posts record R$15.9bn revenue in 2022
Brazil’s Azul notched record fourth-quarter revenue as passenger travel demand remained strong and cargo continued booming.
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NewsDominican Republic’s Arajet applies to US DOT to launch routes to the USA
Arajet, a new low-cost start-up carrier based in the Dominican Republic, has applied to the US government to launch routes between the Caribbean country and the United States.