All articles by Pilar Wolfsteller – Page 9
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News
LATAM Airlines posts $232m profit, based on strength of passenger operations
LATAM Airlines Group posted record quarterly revenue during the three-month period ending in September, turning a $232 million profit – the airline’s fourth consecutive quarter in the black – as sales from passenger travel more than offset a decline in cargo revenue.
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Airline Business
JetSmart zeroes in on another Latin American jewel: Colombia
Start-up ultra-low-cost carrier JetSmart is on the cusp of securing an air operator certificate (AOC) in a fourth country, Colombia. That will allow the airline to fly domestic routes in nations from the very north of the South American continent to its southern tip.
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News
Brazil’s Embraer delivers 43 jets during the third quarter
Brazilian airframer Embraer delivered 43 jets during the third quarter, 30% more than it did in the same period last year.
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News
Mexico’s VivaAerobus posts $56m profit during third quarter
Mexican low-cost carrier VivaAerobus earned $56 million during the third quarter of 2023, its second consecutive quarter with a profit, as demand was high and fares improved.
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News
United plans flights to 38 European destinations next year
United Airlines will fly to 38 European destinations during the 2024 northern hemisphere summer travel season, including the only flight between the New York City metropolitan area and Faro, Portugal, as well as new connections to Reykjavik, Brussels, Rome and Malaga.
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News
Southwest third-quarter profit falls 30% to $193m as expenses rise
Southwest Airlines reported a 30% decline in profit as increasing costs outweighed strong leisure demand and additional ancillary and loyalty programme revenue during the summer travel season.
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News
Southwest orders 108 Boeing 737s and takes more order options
Southwest Airlines has restructured its order book with US airframer Boeing, planning to receive up to 216 more 737 Max between 2023 and 2031.
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News
Spirit Airlines posts ‘disappointing’ third-quarter results on price weakness
Spirit Airlines lost $158 million in the third quarter of 2023 as the carrier experienced price weakness in its core markets.
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News
JetBlue adds Dublin and Edinburgh to its European palette
JetBlue Airways is adding Dublin and Edinburgh to its palette of European destinations beginning in March.
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News
NTSB sends team to investigate Houston-Hobby midair collision
The US National Transportation Safety Board (NTSB) has sent a six-person team to investigate an incident in which two business jets collided on 24 October.
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News
More than half of Volaris’ Airbus jets may require Pratt engine inspections
More than half of Volaris’s fleet could be affected by the Pratt & Whitney GTF engine issues, the low-cost carrier’s executives say.
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News
Volaris posts third-quarter loss, gears up for GTF mitigation and more US flights
Mexican discount carrier Volaris lost $39 million in the third quarter of 2023 and is planning to beef up its service to the USA while warning about flight disruptions caused by Pratt & Whitney (P&W) engine issues.
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Airline Business
Caribbean carriers seek collaborations to attract Latin American vacationers
As small Caribbean and Central American airlines struggle with taxation and infrastructure issues that also plague their much larger Latin American peers, the carriers are working on creative ways to boost connectivity and attract an increasingly travel-savvy South American clientele to their part of the hemisphere.
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News
Latin American airlines fear being left behind in race to secure SAF
Latin American airlines are concerned they may be left behind in the race to secure enough sustainable aviation fuel (SAF) to help achieve carbon neutrality by 2050.
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News
Latin American airlines set sights on returning to Venezuela
While Latin American airlines focus on managing numerous economic and regulatory challenges across the continent, some have started to look again at a country that has been out of the picture for much of the last decade as a possible target of expansion: Venezuela.
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Airline Business
ALTA chief seeks policies to enable Latin American and Caribbean to ‘unleash potential’
As Jose Ricardo Botelho hosts his third ALTA Airline Leaders Forum as the group’s executive director, the region’s aviation industry has much to be proud of
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Airline Business
Mexican airline growth story impresses despite state interventions
The country’s airlines are powering out of Covid-19 but airport and competitive challenges complicate the outlook
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News
ALTA leaders call for ‘more inclusion’ in decision-making
Industry over-regulation, high taxation, supply-chain issues, ageing infrastructure and creating a level playing field for both public and private players are just some of the issues Latin American airline leaders are looking to address at their 19th annual ALTA AGM and Leaders’ Forum in Cancun, Mexico next week.
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News
American posts $545m Q3 loss as operating expenses rise almost 10%
American Airlines posted a $545 million loss for the third quarter of 2023 as its expenses jumped 9.4% year-on-year, including an almost 17% increase in jet fuel prices and a one-time charge related to its new pilot contract.
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News
Tecnam closes on certification for short take-off and landing variant of P2012
Italian airframer Tecnam is nearing European certification for the short take-off and landing (STOL) variant of its P2012 Traveller, with first deliveries slated for January next year.