All Latin America news – Page 6
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Airline BusinessAeromexico’s Q2 profits climb amid pending stock offering
Aeromexico turned a $242 million profit in the second quarter of 2024, a significant year-on-year improvement coming as the airline continues working toward an initial public offering on the New York Stock Exchange.
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NewsBrazilian regulator tightens monitoring of Voepass in wake of ATR crash
Brazilian civil aviation regulator ANAC is placing regional carrier Voepass under enhanced operational supervision in the aftermath of the fatal accident involving one of its ATR 72-500 turboprops. The circumstances of the crash, near Vinhedo outside Sao Paulo on 9 August, have yet to be determined. But ANAC says that ...
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NewsCurrency and capacity pressures push Brazil’s Gol to R3.9bn loss in second quarter
Brazil’s Gol posted a second-quarter loss of R$3.9 billion ($700 million) as an unfavourable exchange rate hit the company’s earnings, and passenger capacity fell, denting revenues.
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NewsAzul reports R$3.9b loss as value of Brazilian real tanks
Azul posted a R$3.87 billion ($703 million) loss for the second quarter of the year after the devaluation of the Brazilian real to the dollar, as well as higher fuel costs, hit the company’s earnings.
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NewsCommercial flights at flood-damaged Porto Alegre airport to resume in October
Brazil’s government has declared that the flood-hit Porto Alegre airport will be re-opened to commercial flights from 21 October.
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NewsFlight recorders retrieved from crashed Voepass ATR 72-500
Brazilian investigators have recovered both flight recorders from the Voepass ATR 72-500 which crashed in the vicinity of Sao Paulo, with no survivors among the 62 occupants. Air accident investigation authority CENIPA, part of the Brazilian air force, says it is “already in possession” of the cockpit-voice and flight-data recorders ...
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NewsVoepass ATR 72 crashes near Sao Paulo
Brazilian carrier Voepass has confirmed that one of its ATR 72 turboprops has been involved in an accident while operating to Sao Paulo Guarulhos airport. The aircraft had been conducting flight 2Z2283 from Cascavel on 9 August. Voepass says the aircraft came down in the vinicity of Vinhedo, to the ...
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NewsPanama’s Copa Airlines second-quarter profit reaches $120m
Panama-based Copa Holdings, parent of Copa Airlines, posted a $120 million profit in the second quarter as the company committed to cost savings and as passenger demand remained high.
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NewsLATAM Airlines Group second-quarter profit flat at $145m
Increased international demand boosted LATAM Airlines Group’s second quarter results as the Santiago-based company posted a profit of $145 million.
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NewsLATAM to invest $2bn in Brazil in the next two years
Chile’s LATAM Airlines Group has pledged to invest $2 billion in Brazil in the next two years, focusing on “products, technologies and services for passengers as well as aeronautical maintenance activities”.
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NewsEmbraer automatic take-off system will use E2's capabilities to optimise rotation
Embraer’s automatic take-off system for the E2 is intended to offer increased range by balancing various criteria in order to ensure greater accuracy and efficiency during rotation. The airframer aims to make the Embraer Enhanced Take-off System – or E2TS – available from the fourth quarter of next year. Embraer ...
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NewsKAI works to sell updated FA-50s to existing customers
Korea Aerospace Industries (KAI) is focused on the potential to expand FA-50 fleets with existing customers in Indonesia, the Philippines and Thailand.
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NewsAbra signs preliminary deal for five A350s
Avianca and Gol holding company Abra Group has signed a memorandum of understanding for five Airbus A350-900s.
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NewsEmbraer receives ANAC certification for E190 Freighter
Embraer’s first passenger-to-freighter model, the E190F, has been certificated by Brazil’s aviation regulator ANAC.
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NewsEmbraer sees potential order pipeline for 300 commercial aircraft
While Embraer has so far not announced any commercial jets orders at this year’s Farnborough air show, chief executive Arjan Meijer says there are numerous deals in the pipeline for at least 300 aircraft.
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NewsEmbraer confirms Paraguay order for six Super Tucanos
Embraer Defense & Security has dislcosed an order for six of the company’s A-29 Super Tucano light-attack turboprop aircraft.
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NewsVolaris posts $10m second-quarter profit on 17% lower capacity
Mexican ultra-low-cost carrier Volaris earned $10 million in the second quarter of the year, up from $6 million last year, as the company mitigates the effects of the Pratt & Whitney engine inspection recall.
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NewsEve unveils remotely piloted prototype of electric air taxi
US air taxi developer Eve Mobility revealed on 21 July the first full-scale prototype of its electric vertical take-off and landing (eVTOL) aircraft, a remotely operated variant that the company is pushing to get off the ground this year.
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News‘Time of convergence’: eVTOL start-ups descend on Farnborough
A strong contingent of air taxi companies will show off developmental progress during what may be the last Farnborough air show without a flying eVTOL demonstration.
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NewsEmbraer second-quarter deliveries remain flat at 47 jets
Brazilian airframer Embraer delivered 47 jets in the second quarter of 2024, the same number as during the equivalent three-month period in 2023.