All Latin America articles – Page 29
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Airline BusinessFuel volatility, Covid woes and acquisition talk in busy airline week
If ever a week featured a microcosm of the challenges and opportunities facing the airline industry, this might be it. The past few days saw crude oil – the price of which jet fuel tracks closely – fall back to around $100/barrel, having flirted with $130/barrel at some points over ...
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NewsHalf of world’s top airline markets free of restrictions for vaccinated travellers: IATA
Half of the world’s top 50 air travel markets are now open to vaccinated international travellers without Covid-19 quarantine or testing requirements, according to IATA, amid increasing momentum towards the relaxation of border controls.
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Airline BusinessAirline Business Covid-19 recovery tracker: March 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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NewsGol reports higher revenue, sees M&A possibilities
Brazil’s Gol reports higher revenue for the final quarter of 2021 as it continues its fleet transformation and keeps costs in check, while at the same time keeping an eye on possible consolidation in the market.
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NewsEmbraer has enough titanium to weather short-term disruption
Russia’s war against Ukraine has left Embraer concerned about long-term supply of titanium, though the airframer has enough of the metal stockpiled to support up to two years of production.
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Airline BusinessAirlines fret about demand tipping point as costs rise everywhere
There are few things that airlines have been more confident about in recent months than the ‘pent-up’ demand for air travel that would drive the Covid-19 recovery.
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NewsBrazil’s Embraer full-year revenue rises 11% to $4.2bn in 2021
Brazilian airframer Embraer ended 2021 on a high note, posting total revenue of $4.2 billion, up from $3.8 billion in 2020.
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NewsLATAM on ‘improving trajectory’ as it works through reorganisation
LATAM Airlines Group posted a fourth-quarter loss but sees its business on “an improving trajectory” as it aims to exit bankruptcy protection process later this year.
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Airline BusinessHow will increased debt change the airline industry?
As airlines emerge from Covid-19 and into cost pressures exacerbated by war in Europe, they face a years-long effort to pay down the debt accumulated to survive the challenges
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NewsAvianca orders another 88 Airbus A320neos
Colombia’s Avianca has ordered 88 Airbus A320neo aircraft to be delivered between 2025 and 2031.
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Airline BusinessAirline Business Index shows industry exceeding three-quarters of pre-Covid size
The latest Airline Business Index shows the global airline industry has exceeded three-quarters of its pre-Covid size, driven by rapidly returning passengers and revenue in the fourth quarter of 2021.
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Airline BusinessWhere are the 383 Boeing 737 Max jets that had been delivered to airlines in March 2019?
Three years after the global grounding of the Boeing 737 Max fleet began and more than a year into the type’s return to service, there are more than 500 examples undertaking commercial operations around the world.
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NewsC-390 gaining credibility in Gulf, says Embraer’s Schneider
Embraer has no Middle East customers for the KC/C-390, but governments in this long Lockheed Martin C-130-favouring region are now taking the Brazilian twijet transport/tanker seriously. Source: Jason Wells/Shutterstock Brazilian air force’s operations are boosting aircraft’s credibility, says Schneider So says Jackson Schneider, president of Embraer Defence ...
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NewsHow safe were commercial airline flights in 2021?
The commercial airline industry showed improvements in several key safety metrics for 2021, according to IATA, although turboprop operations again significantly lagged the performance of jet flights.
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NewsIATA still expects air travel recovery by 2024 but warns of Russia-Ukraine risks
The Omicron variant of Covid-19 failed to knock the air travel industry off its pandemic recovery path, according to global airline association IATA, with passenger numbers still expected to exceed pre-crisis levels in 2024.
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NewsUS, Mexican regulators make ‘significant’ safety progress: Volaris CEO
Mexican ultra-low-cost carrier Volaris expects the Federal Aviation Administration will restore Mexico’s aviation safety rating in the second half of 2022 as it seeks to expand between the USA and Mexico – the backbone of its business.
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NewsMexico’s Volaris credits Q4 revenue rise to ‘disciplined growth’
Volaris says its ”disciplined growth strategy” through the changing demand environment during the fourth quarter helped it achieve a 43% rise in total revenue over the same period in pre-pandemic 2019.
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NewsAzul posts record Q4 revenue on domestic recovery and cargo boom
Brazil’s Azul achieved record revenue during the fourth quarter of 2021 as it continued to build out its domestic passenger and cargo operations.
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NewsMexico’s Mas aims to use A330 freighter for Chinese routes
Mexican cargo carrier Aerotransportes Mas de Carga is aiming to open Chinese services following introduction of the airline’s initial converted Airbus A330-200 freighter. The aircraft, converted by the EFW venture, has been handed over to Mas following its delivery to lessor Altavair. “Mas will take advantage of the increased payload ...
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NewsEmbraer lifts full-year commercial aircraft deliveries
Embraer delivered a total of 141 aircraft last year, including 48 jets to the commercial sector, up from the 44 commercial airframes it handed over in 2020. These 48 aircraft comprised 21 re-engined E2-family regional jets – a total of 19 E195-E2s and a pair of E190-E2s – plus 27 ...
