Latin America
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Analysis
Why airline industry focus is on the margins of profitability
Confirmation from IATA that the airline industry will return to collective profitability this year and that passenger volumes will shortly surpass pre-Covid levels is an indication that the sector has finally normalised.
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News
IATA raises 2023 profit expectations for airlines to $23bn and sees small rise for 2024
IATA expects the airline industry to post a collective net profit of $23.3 billion for 2023, more than doubling its expectations from six months ago.
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News
Chilean low-cost carrier Sky Airline applies to DOT for routes to USA
Chile’s Sky Airline has applied to the US Department of Transportation (DOT) to provide air service to the United States alongside its Peruvian subsidiary, which has been flying to the US since 2022.
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News
Embraer reveals first E190F as P2F conversion programme keeps pace
Embraer is advancing its passenger-to-freighter (P2F) conversion programme on schedule, with delivery of the first E190 Freighter set for the second quarter of 2024.
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Analysis
Which types retired in our latest World Air Forces review?
We detail some of the most notable national fleet retirements recorded in the 12 months since we published our last World Air Forces directory at the end of 2022.
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Analysis
2024 World Air Forces directory: how major conflicts impacted global fleet
Air forces are maintaining a high operational tempo, including performing combat duties in Europe and the Middle East. Our annual review details the global military fleet and nations’ procurement plans.
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News
Embraer, SAMI pitch C-390 final assembly to Saudi Arabia
Saudi Arabia’s SAMI and Embraer have joined forces to pitch the Brazilian airframer’s C-390 transport to Riyadh, including the potential for local assembly and support.
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News
Avianca CEO Neuhauser takes new job as CEO of parent Abra Group
Avianca chief executive Adrian Neuhauser will take the helm of Abra Group, which owns Avianca and Brazil’s Gol, in January, while remaining executive vice-chairman of the Colombian carrier’s board of directors.
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News
Embraer delivers Brazil’s last modernised E-99M AEW&C aircraft
Brazil’s air force has received its final modernised E-99M/ERJ-145 airborne early warning and control (AEW&C) aircraft from Embraer.
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News
Azul looks at electrifying Cessna Caravans with help from Surf Air Mobility
Brazilian carrier Azul is exploring the potential electrification of its fleet of Cessna Grand Caravans through a collaboration with US start-up Surf Air Mobility.
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In depth
Embraer predicts ‘wave’ of E-Jet orders as company continues operational turnaround
Embraer executives say demand for E-Jets is lagging a broader boom for larger aircraft like Airbus and Boeing narrowbodies. Soon, they say, airlines will turn more attention to E-Jets to fill a market-segment gap.
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Analysis
Level to get its own AOC as part of IAG Spanish expansion plans
IAG’s long-haul, low-cost carrier Level is to get its own air operator’s certificate (AOC) and will increase its fleet to eight aircraft by 2026 under growth plans disclosed at the airline group’s Capital Markets day on 21 November.
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In depth
Airline Business Covid-19 recovery tracker: November 2023 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
Copa posts 61% higher Q3 profit as demand climbs
Copa Holdings, the parent company of Copa Airlines, reported a third-quarter profit on higher demand and stable expenses, as the cost of jet fuel fell by one-fifth.
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News
Azul reports record adjusted profit as fleet transition pays off
Brazil’s Azul earned a R1.6 billion ($319 million) adjusted third-quarter operating profit as passenger and cargo demand remained strong during the traditionally weaker southern hemisphere winter season.
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News
Embraer stretches scope of Energia ambitions
Embraer has again shifted the scope of its Energia project, extending the size of the conceptual aircraft under consideration up to 50 seats.
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News
Continued demand may prolong E175 production into 2030s
Embraer could continue building its E175 into the 2030s as continued airline demand and a lack of scope-clause relief in the USA combine to extend the regional jet’s expected production life.
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News
‘Amazing momentum’ has C-390 prospects soaring, Embraer defence chief says
Embraer is aiming to close out an already great year for its C/K-390 airlifter by securing additional orders, while it also eyes longer-term opportunities in the Middle East.
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News
Avianca posts profit as it scrambles to fill Colombian capacity needs
Avianca reported a profit for the third quarter of 2023, as passenger demand remains strong following the demise of two domestic airlines, pushing the company’s results beyond figures in its original business plan.
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News
Embraer expects PW1000G work will triple revenues at Portuguese MRO provider OGMA
Embraer expects a massive revenue bump in the coming years for its Portuguese maintenance unit OGMA as it begins ramping up work on Pratt & Whitney (P&W) PW1000G geared turbofan (GTF) engines.