All Latin America articles – Page 17
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Airline Business
Airline Business Covid-19 recovery tracker: May 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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News
Azul posts record first-quarter revenue amid a ‘robust, sustained revenue’ recovery
Brazil’s Azul sees “robust, sustained revenue performance” for the rest of the year with passengers travelling in greater numbers as the global Covid-19 pandemic is largely in the rear-view mirror.
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NetJets to purchase up to 250 Embraer Praetor 500s
Fractional aircraft ownership company NetJets has signed a deal with Embraer that includes options to order 250 of the Brazilian manufacturer’s Praetor 500 super-midsize jets.
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Copa eyes Bogota slots for subsidiary Wingo amid Colombia’s air travel uncertainty
Panama’s Copa Airlines is eyeing slots at Bogota’s El Dorado International airport as Colombian competitor Avianca mulls stepping back from its planned acquisition of now-defunct discount carrier Viva Air.
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'Healthy demand' boosts Copa's first-quarter profit to $122 million
Copa Holdings, the parent of Panama’s Copa Airlines reported a profit of $122 million, up more than one-third from the same quarter in pre-pandemic 2019, driven by “healthy demand”.
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Avianca’s first-quarter revenue jumps as overhaul continues
Colombian carrier Avianca continued its business transformation during the first quarter of 2023, with its revenue jumping 13.5% year-on-year.
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Brazil opens Gripen E/F final assembly line at Embraer plant
The Brazilian air force will receive its first locally-assembled Saab Gripen E fighters in 2025, following the inauguration on 9 May of a new production line at Embraer’s plant in Gaviao Peixoto, Sao Paulo State.
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Avion Express to set up Brazilian wet-lease and charter carrier
Wet-lease specialist Avion Express is to set up a Brazilian charter airline, which will use a fleet of Airbus jets. It is intending to obtain an air operator’s certificate from Brazilian authorities, and commence flights either in the fourth quarter of this year or the first quarter of next. Avion ...
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Air France-KLM keeping partner options open for Latin market
Air France-KLM is still studying long-term partnership options in both Europe and South America to bolster its position in the Latin American market.
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Mexico plans to launch state-run airline with Mexicana assets
Mexico plans to launch a state-owned airline under the currently-defunct Mexicana de Aviacion brand later this year.
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LATAM posts profitable quarter, as passenger revenue jumps
LATAM Airlines Group posted another profitable quarter, driven by a strong rise in passenger revenue, after emerging from bankruptcy protection late last year.
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Avianca fires back at Aerocivil for ‘unfeasible conditions’ on Viva acquisition
Colombian airline Avianca has sharply criticized a decision by the country’s civil aviation regulator on it’s planned acquisition of now-defunct Viva Air.
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Colombia’s Aerocivil grants final approval of Avianca-Viva merger
Colombia’s Directorate of Air Transport and Aero-Commercial Affairs, also known as Aerocivil, has formally approved the merger of Avianca and Viva Air.
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Gol grows in a ‘disciplined manner’ in the first quarter of 2023
Gol boosted its first-quarter results as “continues to act in a disciplined manner in managing supply and demand” in the sometimes still unpredictable post-Covid-19 environment.
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Volaris’ US flying profitable as it eagerly awaits Cat 1 safety upgrade
Volaris said its US flying was profitable during the first quarter of 2023, as it eagerly awaits a safety upgrade by the Federal Aviation Administration so that it can expand its transborder business by the end of the year.
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Mexican president finally offloads ‘ostentatious’ VIP 787 to Tajikistan’s government
Mexico’s government has agreed to sell its controversial presidential Boeing 787-8 to the government of Tajikistan, after trying to offload the twinjet for years. President Andres Manuel Lopez Obrador, speaking in Veracruz on 21 April, said the government had sold the “ostentatious” aircraft after the Tajik authorities expressed interest. The ...
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Alaska Airlines and Condor, American and JetSmart pursue separate codeshares
A pair of major US carriers – Alaska Airlines and American Airlines – have engaged in separate codeshare agreements with Condor and JetSmart, respectively.
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Guatemalan Saab 340 suffers runway excursion after Cancun service
One of Guatemalan regional carrier TagAirlines’ Saab 340A turboprops has been involved in a runway excursion at Flores, in the north of the Central American state. The aircraft had been arriving on 16 April, following flight 5U211 from Cancun in Mexico. TagAirlines says the aircraft experienced an “event” on landing, ...
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Embraer unveils NATO-configuration Super Tucano
The Brazilian airframer unveiled a new version of its A-29 light attack aircraft geared toward NATO requirements at the LAAD defence conference in Rio de Janeiro.
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Airline Business
Airline Business Covid-19 recovery tracker: April 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.