All Latin America articles – Page 27
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NewsEmbraer accelerates Brazilian renewable electricity commitment
Embraer has accelerated an energy-purchase plan which will ensure that all the electricity it acquires in Brazil will be drawn from renewable sources. It has brought forward this plan by a year and will achieve it from 2024 rather than the original commitment of 2025. Two-thirds of the total electric ...
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Airline BusinessAirline Business Index shows industry recovery stalling in Covid-hit start to 2022
The latest Airline Business Index shows the global airline industry’s progress towards its pre-Covid size stalled during the first quarter of 2022, as the Omicron variant of Covid-19 weighed on the performance of most markets.
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NewsAvianca Cargo to lease A321 freighters from US operator Global Crossing
Latin American operator Avianca is to capitalise on Airbus A321 converted freighter capability with an agreement to lease or charter up to five aircraft from Global Crossing Airlines Group. Global Crossing will provide an initial A321 freighter – the first to be operated by a US carrier – to support ...
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InterviewHow Western Air’s Sherrexcia Rolle helps the family business fly
For Sherrexcia Rolle, the path to the airline C-suite began as a child on Andros Island, helping out at the airport where her parents established the Bahamas’ now thriving Western Air.
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NewsIATA urges Latin American governments to dump Covid travel restrictions
Airline and aviation groups are calling on Latin American and Caribbean governments to ditch Covid-19-related travel restrictions, saying the region’s aviation industry cannot recover with restrictions in place.
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NewsGol CEO Kakinoff to step down, Ferrer to take helm
Longtime Gol chief executive Paolo Kakinoff will step down from his post in July, with current chief operating officer Celso Ferrer to succeed him as CEO.
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NewsE175 operators ordered to check for tip cracks after winglet-loss incident
Brazilian authorities have ordered Embraer 175 operators to conduct urgent checks for wing-tip cracks, following the in-flight loss of a winglet on the variant. Civil aviation regulator ANAC says there is a “possibility of cracks development” on the wing-tip connection area. “[This] can affect its structural integrity to the point ...
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NewsCopa touts business model in the face of Abra challenge
Copa Airlines is confident it can overcome challenges the new tie-up between Avianca and Gol will present in Latin America, though the deal does create uncertainty about Copa’s planned joint venture with Avianca and United Airlines, Copa’s chief executive says.
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PodcastAirline Business Podcast: Reining in the recovery and Chinese market reversal
Graham and Lewis discuss big airline expectations from the recent results season, alongside the operational challenges that threaten to limit the recovery and the uncertainty regarding what might follow. And as more of the Asia-Pacific region brings down border restrictions, they consider the impact of China’s continued ‘zero-Covid’ policy on ...
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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.
