Latin America – Page 12
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NewsVolaris reports $28m fourth-quarter profit as it expands capacity
Mexico’s Volaris reported a profit of $28 million during the fourth quarter of 2022, as it expanded capacity and kept expenses flat.
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NewsEmbraer’s deliveries surged in final months of 2022
Brazilian airframer Embraer closed 2022 on a high, with its deliveries surging to 80 aircraft in the fourth quarter, pushing its full-year deliveries to 159.
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NewsAzul to launch Sao Paulo-Paris flights in April
Brazil’s Azul plans to launch non-stop flights to Paris, its second continental European destination, from Sao Paulo in late April.
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NewsMexico’s Aeromar ceases operations immediately
Mexican regional carrier Aeromar Airlines has shuttered effective immediately after being unable to secure financial assistance to continue to operate long-term.
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NewsCopa Q4 profit rises to $88.3m as demand for travel climbs
Copa Holdings, the parent of Panamanian flag carrier Copa Airlines, posted a fourth-quarter profit of $88.3 million as demand for air travel across the region rose.
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NewsLATAM Airlines Colombia enters Viva Air Colombia acquisition fray
LATAM Airlines Group’s subsidiary in Colombia is interested in “initiating negotiations” to acquire struggling discounter Viva Air, which filed for protection from creditors last week.
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NewsJetSmart CEO wants to acquire struggling Colombian discounter Viva Air
The chief executive of Chile’s JetSmart has expressed interest acquiring struggling Colombian low-cost carrier Viva Air after that carrier filed for protection from creditors.
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PodcastAirline Business Podcast: Do airline failures belie brighter outlook?
Graham and Lewis discuss the recent collapses of European carriers Flybe and Flyr, asking whether those developments belie a much brighter outlook for the industry in 2023.
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NewsletterInvestors see value in airlines as 2023 outlook improves
Our latest airline share-price tracker reflects positive sentiment towards an industry that has plenty of reasons for optimism heading towards the northern hemisphere summer.
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In depthAirline Business Covid-19 recovery tracker: February 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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NewsGlobal airline passenger traffic exceeded two-thirds of pre-Covid levels in 2022
Airline passenger traffic was just over two-thirds of 2019 levels last year, in a 12-month period marked by an initially strong recovery from the Covid-19 pandemic that then plateaued across the last few months of the year.
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NewsGlobal air freight demand dropped below pre-Covid levels in 2022
Demand for air freight dropped below 2019 levels last year, as the sector experienced a comedown from the highs recorded in 2021 but still benefited from strong yields.
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NewsFAA approves new Aeromexico flight to US as Mexico remains at safety downgrade
The Federal Aviation Administration has approved a new Aeromexico route to the United States even as Mexico remains at an FAA “Category 2” safety status.
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NewsDe Havilland lands Dash 8 freighter conversion order from Peru’s ATSA
De Havilland Canada has landed an agreement to supply Peruvian airline ATSA with a Dash 8-400 F-LCD freighter, a heavily modified aircraft equipped with a large cargo door.
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NewsLATAM, Delta plan to launch new route from Orlando to Bogota
LATAM Airlines plans to launch a new daily route from Orlando to Bogota, Colombia on 1 July as part of its recently approved joint venture with Delta Air Lines.
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NewsIATA blasts draft ban on cargo-only operations at Mexico’s busiest airport
The International Air Transport Association (IATA) has blasted a government plan to ban cargo-only flights from Mexico City’s primary airport.
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NewsAirbus to retrofit and upgrade nine A350 jets for Delta
Delta Air Lines has hired Airbus Services to retrofit and upgrade nine Airbus A350 aircraft that previously flew for LATAM Airlines Group.
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NewsColombia’s Aerocivil to again review proposed Avianca-Viva tie up
Colombia’s civil aviation authority has annulled its earlier rejection of a proposed merger between Avianca and financially strapped discounter Viva Air, saying it will restart a review without forcing the companies to re-apply.
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NewsMexican start up Aerus intends to acquire 30 Eviation Alice electric aircraft
Mexican start-up airline Aerus has become the latest carrier to express interest in acquiring Eviation’s in-development all-electric commuter aircraft Alice.
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NewsEmbraer reveals E195-E2 order for unidentified customer
Brazilian airframer Embraer has disclosed that it has secured an order for 15 E195-E2s, attributed to an undisclosed customer.