All Latin America news – Page 53
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NewsBoeing-Embraer joint venture collapse throws cold water on C-390
Collapse of a joint venture agreement between Boeing and Embraer to promote the Embraer C-390 Millennium will likely make it more difficult to sell the medium-lift transport outside of Brazil, seriously hurting the overall sales of the aircraft programme.
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NewsEmbraer to seek damages as it accuses Boeing of sabotaging merger
Embraer has accused Boeing of deliberately wrecking the proposed tie-up between the two aircraft manufacturers, and is set to launch a damages claim over the collapsed deal. While it acknowledges Boeing’s notice of termination of the master transaction agreement – which set out plans for joint commercial and military aircraft ...
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NewsBoeing walks away from Embraer tie-up
Boeing has abandoned its plans for a tie-up with Embraer, exercising its right to terminate the agreement for joint commercial and military aviation ventures. The US airframer says its master transaction agreement with the Brazilian manufacturer had reached its initial termination date on 24 April. This was subject to extension ...
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AnalysisEmbraer-Boeing tie up tenuous on merger deadline date
The planned merger of Embraer’s commercial aircraft business with Boeing is hanging by a thread as the coronavirus crisis brings into sharp relief some of the problems with a transaction that seemed like a foregone conclusion just a few months ago.
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Airline BusinessGrounded commercial aircraft around the world – in pictures
Parked aircraft have become commonplace at airports in all regions as the coronavirus outbreak prompts border restrictions and plummeting demand for air travel
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NewsFirst Nigerian Super Tucano conducts maiden sortie
The first A-29 Super Tucano due for delivery to the Nigerian air force has conducted its maiden flight from Jacksonville, Florida.
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NewsLATAM extends 95% capacity cuts through May
LATAM Airlines has extended through May its 95% reduction in planned capacity, citing continued travel restrictions and a lack of demand because of the coronavirus pandemic.
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Airline BusinessIATA appeals to Latin American governments for coordination
Airline industry association IATA is calling on Latin American governments to harmonise plans to eventually restart air service and reopen borders, saying an uncoordinated effort will hinder the sector’s recovery.
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NewsUS DOT denies minimum service exemptions to Spirit, JetBlue
The US Department of Transportation (DOT) has largely denied Spirit Airlines’ and Jet Blue Airways’ requests for exemption to minimum service rules required for carriers to accept government aid as they consolidate their networks due to the sharp drop-off in demand following the coronavirus global health emergency.
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NewsGol cancels 34 Boeing 737 Max orders
Brazil’s low-cost carrier Gol says it has reached an agreement with Boeing on cash compensation for the more-than-year-long 737 Max grounding, and the termination of 34 forward orders for the company.
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NewsLATAM slashes April capacity 95%
LATAM Airlines has decreased its operation-wide capacity in April by 95%, citing border closures and lower demand because of the coronavirus pandemic.
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NewsSaab commences production of first Brazilian Gripen F
Saab has cut metal on the first two-seat Gripen F for the Brazilian air force. The first part cut for the aircraft will form part of the jet’s air duct section, just behind the fighter’s cockpit, says Saab. Video: First Metal Cut Gripen F to Brazil ...
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NewsEmbraer sees commercial orders deferred, not cancelled
Brazilian aircraft manufacturer Embraer says it has not had any order cancellations as a result of the current global coronavirus pandemic that has decimated the air transport industry, but it is seeing some customers ask for deferments of deliveries as airlines reduce capacity for an undetermined period of time.
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NewsEmbraer manufactures ventilator parts
Brazilian aircraft-maker Embraer has begun manufacturing parts for ventilators in an effort to support the country’s medical industry as the coronavirus pandemic grips all corners of the globe.
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NewsAvianca ceases domestic flights through mid-April
Avianca has suspended domestic flights through at least 12 April, citing the Colombian federal government’s closing of the country’s airspace, which commences 25 March.
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NewsAzul expands April capacity cuts to 90%
Brazilian low-cost carrier Azul has cut its planned capacity through 30 April by 90%.
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NewsBrazil’s Gol down to 50 daily domestic flights
Gol has dropped its domestic capacity in Brazil by 92% and its international capacity by 100% through early May in response to falling demand during the coronavirus pandemic.
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AnalysisLatin American combat aircraft inventory has limited scope to grow
We assess Latin America’s in-service combat aircraft inventory, ahead of biennial FIDAE gathering
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NewsLATAM slashes international flights by 30%
LATAM Airlines Group is cutting its international flights by 30% for the months of April and May, as countries close borders to slow the spread of the coronavirus outbreak. As a result of lower demand and government restrictions resulting from the pandemic, the airline group is reducing flights from South ...
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NewsAzul sees drop in international demand, but domestic flights less impacted
Brazilian carrier Azul has cut its international flight network as a result of lower demand due to the global coronavirus crisis, and is closely monitoring its liquidity and expenditures as the crisis drags on.