Latin America – Page 41
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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.
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NewsEmbraer tweaks turboprop concept to have aft-mounted engines
Embraer has unveiled a new configuration for its conceptual turboprop, now pitching a 70-90 seat aircraft with aft-mounted engines – a design the company says can replace 50-seat regional jets.
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NewsEmbraer ends two year run of quarterly losses with $88m profit
Embraer in the second quarter swung to its first quarterly profit in two years, earning $87.9 million in a period marked by a surge in revenue and bump in aircraft deliveries.
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NewsBrazil’s Azul optimistic about continued recovery
Brazilian airline Azul says business picked up markedly toward the end of the second quarter, and the airline remains positive that the country’s air transport recovery will continue in the coming months.
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NewsAvianca submits reorganisation plan to US bankruptcy court
Colombia’s flag carrier Avianca has submitted a reorganisation plan to a US bankruptcy court.
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Airline BusinessAirline coronavirus recovery tracker: August 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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AnalysisWhat does the IPCC’s climate-change report say about aviation?
The IPCC’s Sixth Assessment Report, addressing the most up-to-date understanding of climate change, is another reminder of the pressing need for the aviation sector to reduce its environmental footprint.
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NewsLATAM to acquire 28 more Airbus narrowbody aircraft
LATAM Airlines Group will acquire 28 new Airbus narrowbody aircraft as it continues to work through its bankruptcy proceedings.
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NewsCopa posts small Q2 profit despite travel restrictions
Copa Holdings, parent of Panama’s Copa Airlines, achieved a small profit during the second quarter of 2021 as operations began to normalise following the long Covid-19-driven disruption.
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NewsAirlines lost $72 per passenger in 2020 as Covid-19 ended positive trend
Airlines made a net loss of $71.71 per passenger during 2020, according to global data released by IATA, as the Covid-19 pandemic reversed a period of relatively strong financial performance.
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NewsGol accelerates fleet renewal with 28 Boeing 737 Max
Brazil’s Gol has signed agreements for 28 more Boeing 737 Max aircraft as it renews its fleet more quickly than originally planned.
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NewsBrazil’s Azul inks $1b deal with Lilium
Brazil’s Azul has signed a commercial deal with German electric aviation startup Lilium worth up to $1 billion.
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NewsAmerican takes minority stake in Indigo Partners’ JetSmart
American Airlines plans to take a minority stake in low-cost carrier JetSmart in order to broaden its network in Latin America further and help fuel the Chile-based carrier’s growth.
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NewsGol recovery on track as Brazil vaccinations climb: CEO
Brazil’s Gol experienced increased customer demand in the second quarter as the rate of vaccination against the Covid-19 virus also rises in the vast Latin American country.