All Latin America news – Page 56
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Copa expedites E190 retirements as it eagerly awaits Max return
Copa Airlines will be phasing out its Embraer E190 aircraft and moving to a Boeing-only fleet faster than originally expected, while eagerly awaiting the Boeing 737 Max’s return to service, the Panama-based carrier tells analysts in the airline’s quarterly earnings call.
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LATAM swings to $86m profit after slashing international capacity
Capacity cuts to international markets and improved performance in Brazil helped push LATAM Airlines Group’s profit up 50% year-over-year in the third quarter to $86.3 million.
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Viva Air Peru appoints former Vueling executive as new chief
Colombian low-cost airline Viva Air has selected Stephen Rapp to head its Peruvian subsidiary.
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NewsCopa’s Wingo names new chief executive
Wingo, the Colombian low-cost subsidiary of Panama’s Star Alliance carrier Copa Airlines, has appointed Carolina Cortizo Colon as its new chief executive.
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Embraer sees Boeing merger delay until at least March 2020
Embraer has delayed the expected close of its commercial aircraft merger with Boeing, now anticipating the deal will not be finalised until at least March 2020.
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Air cargo records eleventh straight month of demand decline: IATA
Air freight demand remains weak, IATA reports in its September 2019 figures.
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Social unrest disrupts flights in Latin America
Social unrest has been disrupting flights in Chile and continues to result in massive cancellations in Bolivia, as protesters block access to local airports.
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KAC to construct new Chinchero-Cuso international airport
Korea Airports Corporation (KAC) will undertake construction of a new international airport Chincero, Peru, in a government-to-government deal valued at $500 million.
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Avianca gives up on acquiring Aeromar
Avianca has confirmed that it is no longer interested in buying Mexican regional operator Aeromar, as the Colombian carrier focuses on executing a strategic plan to restore profitability within its core business in its home country and Central America.
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Airline BusinessThe logic of IAG's swoop for Air Europa
IAG’s move to acquire Spanish leisure operator Air Europa for €1 billion ($1.1 billion) is billed as an attempt to bolster Madrid’s status as a major European hub.
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Embraer delivers 44 jets in third quarter
Brazilian planemaker Embraer says it delivered 44 aircraft in the third quarter of 2019, including its first new flagship E195-E2, to launch customer Azul, bringing total deliveries in 2019 to 117 aircraft.
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Gol Q3 results up despite Max grounding, unscheduled maintenance
Brazil’s low-cost carrier Gol reported a rise in third quarter revenue on increasing passenger demand and “dynamic revenue management” - flexible pricing which allows the company to constantly optimise returns - despite taking a hit for unscheduled maintenance as well as the grounding of its seven Boeing 737 Max aircraft.
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Latin American airlines embrace equity ties with larger carriers
Leaders of Latin American carrier expressed optimism on 28 October about the increasingly common joint ventures and airline-airline equity investments, while also downplaying regional challenges as workaday hurdles.
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ALTA Airline Leaders Forum 2019 in pictures
This year's ALTA Airline Leaders Forum took place on 27-29 October in Brasilia.
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Aviation industry success rests on diversity: executives
The aviation industry’s competitiveness in the coming decades increasingly rests on a diverse and well-educated workforce, which includes more representation from groups that are currently largely overlooked, a panel of executives tells participants of the annual ALTA Airline Leaders Forum in Brasilia.
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Chile is most competitive in Latin American aviation: study
Chile took the top spot in a new aviation competitiveness index published by Latin American industry association ALTA and technology solutions company Amadeus.
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Avianca to codeshare with Gol as it overhauls business
Avianca has disclosed that it will begin a codesharing agreement with Brazil's domestic market leader Gol, further expanding the Colombian flag carrier's network in South America's largest aviation market as it moves forward from a challenging year.
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Venezuela air sector in 'havoc' despite broader regional growth
Though Venezuela's airline industry has descended into shambles, the broader Latin American air transport sector is on track to expand at a leading pace in the coming decade, says industry group IATA's regional vice-president for the Americas Peter Cerda.
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FAA administrator: 737 Max will be made safe
The head of the Federal Aviation Administration is giving no clue about when his agency might clear Boeing's 737 Max to fly.
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Embraer’s growth tied to health of Latin American economies
Brazilian planemaker Embraer sees its future success in Latin America closely tied to the region’s economic prosperity and political stability as its current customers, both in its home country as well as amongst its Latin American neighbors, mull their next metal move.