All Latin America news – Page 9
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In depthAirline Business Covid-19 recovery tracker: September 2022 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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Analysis
Embraer completes flight testing for C-390 firefighting variant
The Brazilian airframer has been navigating the flight certification process for a C-390 Millennium transport equipped with a firefighting system capable of carrying some 11,300 litres of water and retardant.
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News
Revised LATAM forecast predicts return to pre-crisis revenues next year
Latin American operator LATAM Airlines Group is expecting to exceed pre-crisis revenues next year, and has hiked annual cost-saving estimates to more than $1 billion, in a revised business outlook as it prepares to exit US Chapter 11 protection. Its new five-year forecast sees the operator’s revenues reaching nearly $11.5 ...
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In depth
Airline Business Index surges towards 2019 baseline as travel demand returns
The latest Airline Business Index shows the global airline industry’s progress towards its pre-Covid size accelerated rapidly during the second quarter of 2022, as revenues in particular surged alongside passenger numbers.
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News
Spanish operator picks up management deal for 11 more Brazilian airports
Spanish airports operator Aena has been granted the concession to operate 11 airports in Brazil, following a bidding process. Sao Paulo’s Congonhas airport is the primary facility, handling nearly 23 million passengers prior to the pandemic crisis. It also represents 85% of the activity of the overall concession, says Aena. ...
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News
Dominican Republic’s AraJet begins selling tickets for a 15 September launch
The Dominican Republic’s new low-cost carrier AraJet has begun selling tickets for a projected 15 September launch.
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News
Azul reports record Q2 revenue as cargo, corporate demand rise
Brazil’s Azul has posted record second-quarter revenue as it profited from increased demand for corporate travel and freighter services.
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News
LATAM benefits from easing of travel restrictions in Q2
LATAM Airlines Group benefited from increased passenger demand during the second quarter of 2022 as numerous Latin American countries relaxed travel restrictions, making travel easier than it has been for two years.
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News
Avianca seeks urgent integration of financially-pressured Viva
Colombian operator Avianca is seeking to accelerate closer ties with Latin American low-cost carrier Viva, in order to protect the budget airline. Avianca has requested authorisation from the Colombian civil aviation regulator to integrate Viva over concerns about Viva’s ability to compete in the face of increased financial pressures. Viva ...
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In depth
Airline Business Covid-19 recovery tracker: August 2022 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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News
Falling revenue, more deliveries and a growing backlog for Embraer in second quarter
The Brazilian jet manufacturer turned a $74 million profit during the second three months of the year, with its commercial backlog reaching new heights for the pandemic era.
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News
Copa Airlines boosts second-quarter revenue to $693m
Panama-based Copa Holdings, the parent of Copa Airlines, reported higher second-quarter profit and revenue amid a difficult operating environment.
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News
Vinci picks up near-30% share in major Mexican airports operator
Vinci Airports is to take over a near-30% share of Mexican airport operator OMA after affiliates of Fintech Advisory opted to sell their stakes in the company. OMA is the brand name for Grupo Aeroportuario del Centro Norte, which manages 13 international airport in the central and northern region of ...
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News
Ex-Azul A330 delivered ahead of KC-30 tanker conversion for Brazil
The Brazilian air force has taken delivery of its first of two Airbus A330-200s acquired for conversion into the airframer’s multi-role tanker transport configuration.
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News
Brazil starts talks for next Gripen batch, as Saab battles to extend Czech deal
Brazil has entered into discussions with Sweden for a second batch of Saab Gripen E/F combat aircraft, and also appears poised to complete an earlier top-up buy of the locally designated F-39.
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News
Gol triples Q2 revenue as corporate travellers return
Corporate travellers returning to air transport in greater numbers and expansion of regional markets helped support Brazilian airline Gol’s jump in total revenue during the second quarter of 2022.
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News
Embraer deliveries tick up in Q2
Brazilian airframer Embraer delivered 32 commercial and executive aircraft in the second quarter of 2022 – a significant improvement from its delivery pace in the first quarter of the year.
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In depth
How airline safety ranked in first half of 2022
The first six months of 2022 involved more fatal airline accidents and resulting fatalities worldwide than during the same period in each of the two previous years, but amid increased flight activity.
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News
Red MD-82 suffered left-hand gear collapse before excursion
US investigators have confirmed that the left-hand main landing-gear of a Red Air Boeing MD-82 collapsed just after touchdown at Miami, before the aircraft suffered a runway excursion. It had been arriving from Santo Domingo on 21 June, and the ILS approach to runway 09 had been normal, the crew ...
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News
Mexico’s Volaris boosts revenue during second quarter
Mexican ultra-low-cost carrier Volaris boosted sales in the second quarter of the year as capacity climbed and load factors remained “healthy”.
