All Latin America articles – Page 20
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Airline Business
Latest Airline Business Index shows Q3 revenue matched pre-Covid level
The latest Airline Business Index shows the global airline industry’s revenue during the third quarter of 2022 matched that seen in the same month of 2019, marking the first time any of the four measures have achieved that milestone since Covid-19 hit.
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News
Avianca slams Colombian authorities for blocking plan for ‘rescuing’ Viva Air
Avianca has slammed an 8 November decision by Colombia’s civil aviation authority to block its planned tie up with financially struggling low-cost competitor Viva Air.
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LATAM cuts Q3 losses as revenues almost back to pre-pandemic levels
LATAM Airlines Group revenues moved to within 3% of pre-crisis levels in the third quarter as it posted an adjusted operating profit of $63 million for the period.
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Colombian regulators reject Avianca-Viva Air tie up
Colombia’s aviation regulator has rejected a tie-up between Avianca and financially strapped low-cost carrier Viva Air.
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Embraer’s third-quarter aircraft deliveries inch up to 33 shipments
Brazilian manufacturer Embraer delivered 33 commercial and business aircraft in the third quarter of 2022, a slight year-on-year improvement that still leaves the company’s year-to-date deliveries trailing its 2021 output.
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LATAM Airlines Group completes restructuring and exits Chapter 11
LATAM Airlines Group has completed its restructuring and has exited bankruptcy proceedings.
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Argentina’s new travel tax angers airlines
Airlines are blasting a new tax proposed by the Argentine government that will once again increase airfares.
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Viva A320neo low-fuel probe indicates less than 300kg in tanks on landing
Colombian investigators have disclosed that an Airbus A320neo landed with less than 300kg of fuel on board following two diversions on a service from Cali. The aircraft, operated by Viva Air, had departed Cali for the northern city of Riohacha on 17 October. This sector is some 530nm in length ...
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News
Gol to add more 737 Max 10s from 2027 and taps ‘white-tail’ market
Brazilian carrier Gol has struck a deal with Boeing covering delivery of a dozen 737 Max 10 jets from 2027 as part of fleet plans which will also see it take ‘white-tail’ aircraft to help reach its target of having 44 Max aircraft by year-end.
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News
Surging revenue returns Gol to Q3 operating profit
Brazilian low-cost carrier Gol posted record revenues of R$4 billion ($750 million) and the highest yields in its history during the third quarter.
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News
Embraer-owned Portuguese maintainer OGMA secured approval to work on E-Jets E2
Portuguese maintenance shop OGMA has been certified to perform heavy maintenance on Embraer E-Jets E2, a move OGMA majority owner Embraer describes as further expanding its aftermarket reach.
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Airline Business
Can Argentina’s aviation sector tap growth potential?
Argentinian carriers young and old are seeking to take advantage of a post-pandemic tourism drive in the country, but the growth path ahead is far from certain.
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Volaris keeps foot on growth pedal but fuel costs drag down Q3 profits
Mexican low-cost carrier Volaris lifted revenues a fifth in the third quarter as its strong growth continues, but higher fuel costs dragged down its profits for the period.
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Collins upgrades Chilean air force C-130s with eight-blade props
The South American country is the first international customer to purchase the improved propeller system.
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Brazil cuts three Embraer KC-390s, reducing order to 19
The Brazilian air force had already trimmed its planned acquisition of the domestically-produced cargo transport, but have would liked to go even further.
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Lessor Nordic firms order with Embraer for E-Jet cargo conversions
Embraer has firmed an agreement to convert up to 10 passenger E190s and E195s into cargo jets for Irish aircraft lessor Nordic Aviation Capital (NAC).
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Wingo to take ninth 737 after strong post-pandemic growth
Copa Airlines’ low-cost carrier Wingo will take its ninth aircraft next month as it continues its rapid recovery from the pandemic.
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Greater harmonisation key to tapping Caribbean potential: Bahamasair chief
Bahamasair chief executive Tracy Cooper is calling for greater harmonisation efforts to ease travel within the Caribbean, particularly on intra-island services.
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News
Does recession threaten Latin American airlines’ hard-won successes?
Successfully navigating their airlines through Covid-19 was a major accomplishment, but Latin American CEOs remain wary of what lies ahead.
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News
Flybondi issues RFP for five more aircraft in 2023
Argentine low-cost carrier Flybondi has issued a request for proposals to lessors covering five more Boeing narrowbodies for 2023 as it expects its fleet to reach a dozen aircraft by year-end.