All Latin America articles – Page 10
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News‘Amazing momentum’ has C-390 prospects soaring, Embraer defence chief says
Embraer is aiming to close out an already great year for its C/K-390 airlifter by securing additional orders, while it also eyes longer-term opportunities in the Middle East.
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NewsAvianca posts profit as it scrambles to fill Colombian capacity needs
Avianca reported a profit for the third quarter of 2023, as passenger demand remains strong following the demise of two domestic airlines, pushing the company’s results beyond figures in its original business plan.
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NewsEmbraer expects PW1000G work will triple revenues at Portuguese MRO provider OGMA
Embraer expects a massive revenue bump in the coming years for its Portuguese maintenance unit OGMA as it begins ramping up work on Pratt & Whitney (P&W) PW1000G geared turbofan (GTF) engines.
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NewsTextron Aviation wins $100 million Pentagon contract to sell turboprops to foreign governments
The Foreign Military Sales agreement allows Textron Aviation, over five years, to deliver to overseas buyers aircraft including Cessna SkyCouriers, Grand Caravan EXs and Beechcraft King Airs.
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NewsEmbraer turns profitable in third quarter and sticks to 2023 aircraft-delivery goal
Embraer swung to profitability in the third quarter of 2023 and still expects to meet its full-year delivery and financial expectations despite a still-struggling supply chain.
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NewsEmbraer CEO sees US pilot shortage as ‘improving’
Embraer’s chief executive sees his company’s recent success selling regional jets to US carriers as signifying that a shortage of pilots is easing.
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NewsBrazil’s Gol posts record third-quarter revenue on ‘strong and steady’ demand
Brazil’s Gol generated record revenue in the third quarter of 2023 as both leisure and corporate travel demand continued to strengthen.
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Airline BusinessWhy the airline industry’s net-zero effort is likely to push fares higher
More airline leaders are starting to openly acknowlege that the extra costs associated with the industry’s net-zero transition through to 2050 are almost guaranteed to increase in ticket prices for consumers and impact the pace of the sector’s growth.
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NewsLATAM Airlines posts $232m profit, based on strength of passenger operations
LATAM Airlines Group posted record quarterly revenue during the three-month period ending in September, turning a $232 million profit – the airline’s fourth consecutive quarter in the black – as sales from passenger travel more than offset a decline in cargo revenue.
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Airline BusinessJetSmart zeroes in on another Latin American jewel: Colombia
Start-up ultra-low-cost carrier JetSmart is on the cusp of securing an air operator certificate (AOC) in a fourth country, Colombia. That will allow the airline to fly domestic routes in nations from the very north of the South American continent to its southern tip.
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Airline BusinessWhy Latin American airline sector struggles to make money
While it is hardly unusual to hear airline leaders calling for lower taxes and better infrastructure, the frustrations voiced by Latin American airline leaders come against a backdrop where region-wide profitability remains elusive despite traffic and revenue highs.
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NewsBrazil’s Embraer delivers 43 jets during the third quarter
Brazilian airframer Embraer delivered 43 jets during the third quarter, 30% more than it did in the same period last year.
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NewsMexico’s VivaAerobus posts $56m profit during third quarter
Mexican low-cost carrier VivaAerobus earned $56 million during the third quarter of 2023, its second consecutive quarter with a profit, as demand was high and fares improved.
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NewsAir France-KLM renews and deepens partnership with Gol
Air France-KLM and Brazilian carrier Gol have reached agreement to renew their existing co-operation for a further 10 years.
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NewsVolaris posts third-quarter loss, gears up for GTF mitigation and more US flights
Mexican discount carrier Volaris lost $39 million in the third quarter of 2023 and is planning to beef up its service to the USA while warning about flight disruptions caused by Pratt & Whitney (P&W) engine issues.
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Airline BusinessCaribbean carriers seek collaborations to attract Latin American vacationers
As small Caribbean and Central American airlines struggle with taxation and infrastructure issues that also plague their much larger Latin American peers, the carriers are working on creative ways to boost connectivity and attract an increasingly travel-savvy South American clientele to their part of the hemisphere.
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NewsWalsh urges others to learn from Europe ‘mistakes’ on aviation environmental policies
IATA director general Willie Walsh is urging other regions not to repeat what he calls the mistakes policy-makers in Europe have made in tackling aviation’s impact on environment.
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NewsLatin American airlines fear being left behind in race to secure SAF
Latin American airlines are concerned they may be left behind in the race to secure enough sustainable aviation fuel (SAF) to help achieve carbon neutrality by 2050.
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NewsLatin American airlines set sights on returning to Venezuela
While Latin American airlines focus on managing numerous economic and regulatory challenges across the continent, some have started to look again at a country that has been out of the picture for much of the last decade as a possible target of expansion: Venezuela.
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Airline BusinessALTA chief seeks policies to enable Latin American and Caribbean to ‘unleash potential’
As Jose Ricardo Botelho hosts his third ALTA Airline Leaders Forum as the group’s executive director, the region’s aviation industry has much to be proud of