All Latin America articles – Page 6
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NewsAvianca turns first-quarter profit as passenger revenue rises and cargo sags
Colombia’s Avianca reported a $13 million profit in the first quarter, reversing last year’s $12 million loss for the first three months of the year.
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NewsRed Air MD-82 gear-collapse and excursion traced to shimmy-damper valve leak
US investigators have attributed a Red Air Boeing MD-82’s main landing-gear collapse and runway excursion to ineffective shimmy dampening during roll-out, after the jet touched down in Miami.
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NewsAzul will add 13 Embraer E195-E2 jets to its fleet this year
Brazilian carrier Azul will add 13 new Embraer 195-E2 jets to its fleet in 2024, representing an investment of R3 billion ($590 million).
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NewsSaab boss Johansson upbeat on Aeronautics unit opportunities
Saab’s Aeronautics business unit enjoyed a strong first-quarter performance, with highlights including a Gripen C sale to Hungary and the transfer of a first Saab 340-based airborne early warning aircraft to Poland.
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NewsVolaris remains ‘sceptical’ of Pratt & Whitney progress on GTF engines, says CEO
Mexican ultra-low-cost carrier Volaris is facing an uphill battle in 2024 as it deals with a capacity shortfall caused by a substantial part of its Pratt & Whitney-powered narrowbody fleet being out of service for much of the year.
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NewsVolaris squeezes out $33m first-quarter profit despite capacity cut due to GTF groundings
Mexican ultra-low-cost carrier Volaris has disclosed a first-quarter profit of $33 million – its first since 2019 – as the company kept a sharp eye on costs and despite the hit to capacity caused by the enforced grounding of Pratt & Whitney geared turbofan (GTF)-powered aircraft.
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NewsInvoluntary captain’s seat shift preceded LATAM 787 in-flight upset
Chilean investigators have determined that an involuntary forward shift of the captain’s seat preceded the in-flight upset involving a LATAM Airlines Boeing 787-9 last month. The aircraft had been cruising at 41,000ft en route to Auckland from Sydney on 11 March. It experienced a “sudden unintentional” loss of altitude, says ...
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NewsArgentina seeks Basler BT-67s for Antarctic resupply duties
Argentina could be set to acquire Basler BT-67 transport aircraft via a potential $143 million Foreign Military Sales deal with the US government.
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In depthArgentina signs deal to buy used F-16s from Denmark
The long-discussed deal was made official on 16 April, when Argentine defence minister Luis Petri signed an agreement with Copenhagen to acquire 24 of the fourth-generation F-16s, as Denmark transitions its fleet to the Lockheed Martin F-35A.
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Airline BusinessJetSmart looks to grow in Argentina as economics and regulations improve: CEO
After launching domestic service in Colombia last month, JetSmart chief executive Estuardo Ortiz is already marching toward his next conquest – Argentina – with the goal of taking advantage of seismic economic and regulatory changes.
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NewsEmbraer explores civil air cargo opportunities for C-390 tactical transport
The Brazilian airframer is teaming with the nation’s state-operated postal company to explore opportunities in the air-cargo realm for Embraer aircraft, including the C-390 military transport and E-Jet passenger jets.
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NewsEmbraer touts potential for C-390 martime patrol variant in ISR pact with Brazil
Embraer could launch a maritime patrol variant of its C-390 Millennium under a new pact with the Brazilian air force to study potential surveillance roles for the jet-powered transport.
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NewsDelta ‘cautiously optimistic’ about Aeromexico joint-venture ruling
Delta Air Lines is in talks with regulators to secure a “less-punitive” ruling after the US Department of Transportation’s (DOT) tentative order requiring it to end a joint venture with SkyTeam partner Aeromexico.
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NewsEmbraer’s first E190 Freighter conversion gets airborne in Brazil
Embraer achieved first flight of its passenger-to-freighter (P2F) conversion on 5 April, with the first example of the E190 Freighter taking to the skies over Sao Jose dos Campos.
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Airline BusinessWhy Brazil’s airlines are welcoming ‘great dialogue’ with government
Brazil’s airlines are continuing to navigate tough market conditions, but there are signs that the government is listening to their concerns and may be about to offer at least $1.2 billion in new credit lines amid rising capital costs in the country.
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NewsAzul reports higher Q4 earnings as it taps into new markets and keeps costs low
Brazil’s Azul increased fourth quarter revenue and profit in 2023, as it tapped into new markets while keeping costs in check.
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NewsGol slips to fourth quarter loss as it works through bankruptcy process
Restructuring Brazilian low-cost carrier Gol swung to a net loss of R1.1 billion ($221 million) in the fourth quarter, the first results it has disclosed since entering bankruptcy protection in January.
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NewsAvianca increases 2023 earnings on back of record passenger numbers
Colombia’s Avianca saw earnings rise in 2023 as it transported 31.9 million passengers, the most in its history, while keeping costs in check.
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NewsEHang EH216-S in Costa Rican demonstration foray
EHang has carried out a demonstration flight in Costa Rica using its autonomous EH216-S electric vertical take-off and landing (eVTOL) vehicle.
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NewsEmbraer swung to $164m profit in 2023 as deliveries accelerated
Embraer turned a $164 million profit in 2023 as it ramped up deliveries of new commercial and business jets and benefited from a particularly strong fourth quarter.