All Latin America articles – Page 19
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Airline BusinessRazor-thin airline industry profit projection for 2023 reflects complex web of factors
It is not for nothing that IATA director general Willie Walsh described the challenges faced by airlines going into 2023 as “complex”.
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NewsVinci seals Mexican airport operator stake
Vinci Airports has completed its acquisition of a near 30% stake in OMA, making it the largest shareholder in the Mexican airports operator.
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NewsIATA forecasts global airline industry will return to profit in 2023
The global airline industry is forecast to achieve a net profit of $4.7 billion in 2023 as the recovery from the Covid-19 crisis continues, according to IATA. That would mark the industry’s first positive result since the pandemic hit in 2020, with airlines on course for a loss of $6.9 ...
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NewsEmbraer shifts ‘Energia’ focus to new hybrid- and hydrogen-powered concepts
Embraer has unveiled several new conceptual low-emission aircraft, marking a shift toward possible development of larger aircraft powered by hybrid-electric and hydrogen propulsion.
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NewsMilitary certification approval clears Gripen E for operational debut
Saab has secured a Military Restricted Type Certificate for its Gripen E from the Swedish and Brazilian authorities, clearing the way for the type to enter operational use.
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NewsViva A320neo low-fuel emergency inquiry details rapidly-changing weather situation
Preliminary analysis by Colombian investigators has detailed how rapidly-changing weather conditions at diversion airports preceded the low-fuel emergency involving a Viva Air Airbus A320neo. The aircraft had departed Cali on 17 October, bound for Riohacha – a service expected to take 1h 46min – with 6,800kg of fuel on board. ...
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AnalysisWhich types departed our World Air Forces fleet listing?
We highlight some of the most notable national fleet retirements recorded in the 12 months since we published our last World Air Forces directory at the end of 2021.
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AnalysisHow year of conflict affected World Air Forces inventory
Our annual World Air Forces directory – published in association with Embraer – details the military aircraft fleets of 162 nations, and analyses the main events of the last 12 months.
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NewsLATAM and Delta expand networks across the Americas as joint business takes off
LATAM Airlines Group and Delta Air Lines have unveiled a host of route expansions under a new joint venture approved by the US Department of Transportation (DOT) in September, adding a total of 23,000 additional seats weekly to the carriers’ current schedules between North and Latin America.
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Airline BusinessGol chief leads the Brazilian carrier out of the pandemic while still piloting its 737s
Chief executive Celso Ferrer still makes time to fly Gol’s 737s as he navigates the low-cost operator out of the Covid-19 crisis and into a new group structure
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NewsCockpit representatives bristle over police detention of Lima collision pilots
Representatives of the LATAM Airbus A320neo crew involved in the fatal runway collision at Lima Jorge Chavez airport have disclosed that the two pilots were taken into police custody following the accident. The Sindicato de Pilotos de LAN Peru states that the two were detained while the preliminary investigation into ...
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NewsLima firefighting exercise ‘agreed and co-ordinated’ before A320neo runway collision
Lima Jorge Chavez airport’s operator states that a firefighting exercise had been co-ordinated with the control tower before a fatal collision between an emergency vehicle and a LATAM Airbus A320neo. The exercise on 18 November had been intended to confirm that firefighting personnel at the airport could reach the scene ...
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NewsLATAM Airlines Airbus A320neo catches fire on runway in Lima
A LATAM Airlines Group Airbus A320neo struck a vehicle as the aircraft attempted to take off in the Peruvian capital Lima, and caught fire.
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NewsCopa third-quarter profit rises to $116 million
Copa Holdings, the parent company of Panama’s Copa Airlines posted stronger third-quarter earnings as passengers returned to air travel in greater numbers.
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Airline BusinessAirline Business Covid-19 recovery tracker: November 2022 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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NewsSupply chain trouble drags on deliveries as Embraer loses $41m in Q3
Supply chain trouble and a shortage of pilots in the US are holding back Embraer’s aircraft deliveries, though executives insist the company will still hit its 2022 shipment targets.
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NewsEmbraer names da Costa as next chief of defence, succeeding Schneider
Embraer has chosen longtime executive Bosco da Costa to be chief executive of Embraer Defense & Security, succeeding Jackson Schneider, who is retiring.
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Airline BusinessChina’s ‘dismal’ performance weighs on global airline traffic recovery
The latest data from IATA shows how far China is lagging the recovery being seen in other markets around the world, as government policy continues to limit international and domestic travel.
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NewsAzul’s Q3 revenue up 61% on leisure-travel demand
Demand for leisure travel and a shift in working behaviour pushed Brazilian airline Azul’s third-quarter revenue to a new record, yet the company still lost R1.65 billion ($308 million) in the period.
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Airline BusinessLatin carriers re-emerge from crisis but with fresh uncertainties ahead
Passenger numbers are back to pre-pandemic levels in Latin America and financial restructurings are completed. Now attention is turning to consolidation and partnership to help airlines in the region better weather challenges ahead, be they familiar local issues like high taxes and inflation, or the fresh global economic headwinds.