All Latin America articles – Page 25
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NewsCopa posts $20m profit in first quarter, warns of high jet fuel prices
Copa Holdings, the parent of Panama’s Copa Airlines, says the first quarter of 2022 was profitable, but higher jet fuel prices will weigh on earnings during the next few months.
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NewsLATAM sees ‘substantial improvement’ in quarterly results
LATAM Airlines Group reports “substantial improvement” in earnings during the first quarter of 2022, though market conditions remained challenging for the Chilean flag carrier.
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NewsAvianca and Gol join to form holding company
Latin American carriers Avianca and Gol have agreed to join operations under a UK-based holding company while maintaining individual brands, a move intended to create long-term stability in the post-coronavirus environment.
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Airline BusinessAirline Business Covid-19 recovery tracker: May 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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NewsNordic Aviation becomes launch customer for Embraer’s freighter-converted E-Jet
Irish aircraft lessor Nordic Aviation Capital has become launch customer of Embraer’s E-Jet passenger-to-freighter conversion programme, with plans to have 10 of its aircraft converted.
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NewsCorporate travel, cargo drives Azul’s earnings higher
Brazil’s Azul reported sharply higher revenue during the first quarter of 2022 as corporate travel increases and the company’s logistics business thrives.
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Airline BusinessThe sustainability chiefs leading the airline industry’s net-zero charge
With sustainability established as a top-tier priority for swathes of the commercial aviation sector, dedicated executives at carriers around the world are taking the lead on the topic
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Airline BusinessLATAM Airlines Group’s sustainability chief on targets, collaboration and SAF progress
When your airline group is based in a region that has natural resources sometimes described as the “lungs of the world”, the imperative to act on climate change is keenly felt.
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NewsPent-up demand for air travel ‘finally being realised’ but IATA warns on airport delays
Demand for air travel continued its recovery in March this year, according to IATA, despite the war in Ukraine and China’s restrictive Covid-19 policies.
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NewsAir cargo market told to brace for ‘growing challenges’ as demand falls
Demand for air cargo fell in March, according to data released by IATA on 3 May, as factors including China’s ‘zero-Covid’ policies and the Russia-Ukraine war weighed on demand and threatened to become longer-term hindrances.
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NewsLatin carriers Avianca and Viva strike joint ownership deal
Owners of Avianca and the low-cost operator Viva have struck a deal to to form a joint holding company in a move to provide greater financial stability for the Latin American carriers post-pandemic.
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NewsEmbraer swings to Q1 loss, cites one-month production stoppage
Brazilian airframer Embraer lost $32 million in the first quarter of 2022, logging steep declines in military, executive and commercial aircraft revenue.
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NewsDomestic revenue boosts Gol’s Q1 earnings
Domestic sales boosted Brazil’s Gol airlines’ first quarter earnings as it finalised a codeshare agreement with American Airlines and launched a cargo collaboration.
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NewsSafran Nacelles signs support deals with Hawaiian, Viva Air Columbia
Safran Nacelles has signed two long-term service contracts with Hawaiian Airlines, as well as low-cost carrier Viva Air Columbia.
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NewsFull domestic recovery drives Aeromexico’s Q1 revenue
Grupo Aeromexico, the parent company of Mexico’s legacy carrier Aeromexico says a total domestic recovery – coupled with a significant jump in international markets – has helped it almost double revenue during the first quarter.
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NewsVolaris ‘well-positioned’ for a successful summer travel season
Ultra-low-cost carrier Volaris anticipates lower coronavirus infections and ongoing strong demand for leisure travel to Mexico will make for a successful summer season.
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AnalysisComing down the line: business aviation’s key programmes
Ahead of the first EBACE gathering since 2019, we review business aviation’s most important current development efforts.
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NewsBrazilian navy receives final modernised AF-1B jet
A total of seven McDonnell Douglas A-4 Skyhawk airframes were refitted by Embraer for Brazil’s naval aviators.
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NewsEmbraer and Thales collaborate on Eve
Embraer has entered into a strategic partnership with global technology company Thales for its in-development electric vertical take-off and landing (eVTOL) vehicle, Eve.
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NewsEmbraer’s deliveries slow to 14 aircraft in first quarter
Embraer’s aircraft deliveries tumbled to 14 units in the first quarter of 2022, down significantly from both the previous quarter and the same period in 2021.