All Latin America articles – Page 22
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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.
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Airline BusinessLatest 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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NewsAvianca 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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NewsLATAM 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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NewsColombian 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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NewsEmbraer’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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NewsLATAM Airlines Group completes restructuring and exits Chapter 11
LATAM Airlines Group has completed its restructuring and has exited bankruptcy proceedings.
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NewsArgentina’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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NewsViva 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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NewsGol 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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NewsSurging 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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NewsEmbraer-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 BusinessCan 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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NewsVolaris 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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NewsCollins 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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NewsBrazil 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.
