Latin America – Page 16
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NewsCopa Airlines’ recovery depends on regional reopening
Panama’s Copa Airlines’ recovery depends in large part on factors it can’t control, including Latin American countries’ approaches to relaxing their pandemic-related travel restrictions.
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News
ALTA looks to send message of harmonisation
Aviation executives from across Latin America and the Caribbean are meeting in Bogota for the ALTA Airline Leaders’ Forum, as the region’s air travel industry seeks to climb out of the coronavirus pandemic trough.
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Volaris Q3 net profit more than doubles over 2019 level
Mexican ultra-low-cost carrier Volaris reports strong earnings during the third quarter of 2021 as tourists flocked to the country in greater numbers, and more domestic passengers chose to travel by air.
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Embraer delivers 30 jets in third quarter
Brazilian airframer Embraer delivered 30 jets in the third quarter of 2021, two more than in the same period during coronavirus-plagued 2020.
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Start-up Ultra Air plots key role in Colombian market reaching 50m passengers
The chief executive of Colombian start-up Ultra Air believes the airline can play a significant role in growing the country’s air transport market to 50 million passengers over the next five years, citing similar trends in other Latin American countries.
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Spare aircraft cheaper than paying delay compensation: Ultra Air chief
The availability of aircraft at favourable lease rates means Colombian start-up Ultra Air is aiming to achieve “operational excellence” through the retention of spare jets within its fleet, according to its co-founder and chief executive.
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Analysis
Raised capacity on US-Mexican border routes bucks international trend
In an environment where a rebound in travel to pre-crisis level for most international markets is off the horizon for perhaps multiple years, the speed and scale of the recovery in the US-Mexican market is a stand-out.
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Aeromexico shows improved Q3 in line with industry
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline’s position during the third quarter of 2021 continued to improve in line with the global aviation industry.
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Embraer partners with Fokker companies in quest for global partners
Embraer and two Fokker companies have agreed to collaborate to advance projects related to commercial and defence aerospace projects, including aftermarket services.
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Cabin virus transmission risk ‘extremely low’: ICAO conference paper
Risk of coronavirus transmission on board aircraft is lower than that for most other indoor environments, according to a paper presented to a high-level ICAO conference on aviation recovery from the pandemic. The ICAO conference – running from 12-22 October – is aiming to reach a global consensus on a ...
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News
A year after spin-off, Embraer’s Eve on track for 2026 launch
As Embraer’s Eve celebrates its first birthday, the company says its on track to launch urban air mobility operations by 2026
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In depth
Airline Business Covid-19 recovery tracker: October 2021 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
Gol foresees 50% drop in third-quarter revenue versus 2019 level
Brazilian low-cost carrier Gol expects to report third-quarter net operating revenue down 50% from the same period of pre-pandemic 2019.
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Analysis
How IATA thinks airlines could reach net-zero CO2 emissions by 2050
For some airlines, the net-zero target was nothing new. But for all carriers, the important task is working out how to get there – and then implementing that plan.
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In depth
World Airline Rankings: No region left unscathed by crisis
While some Asia-Pacific operators benefited from access to large domestic markets and strong freight activity, international operators in the region were among the hardest hit in terms of reduced passenger traffic.
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Analysis
Airline industry comes back fighting under IATA chief Walsh
The IATA AGM marked by a shift away from the harmonious front seen in parts of the commercial air transport industry at the height of the pandemic.
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News
Chief of low-cost airline Pegasus to chair IATA board after 2022 AGM
The transition will continue a period during which the role has been taken by the chief executive of an airline outside the group of network carriers that are traditionally the high-profile core of IATA’s membership.
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Latin airlines to lag North American recovery as restructuring costs bite: IATA
IATA expects the “entire Americas continent” to be open for air travel from November, but foresees a north-south divide in the financial recovery story.
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‘Distorted and flawed’: airport bodies hit back at IATA claims on airline charges
Global airports association ACI World and its European unit have hit back at claims from IATA chief Willie Walsh regarding rising charges for airlines in a sign that the industry’s unity in the face of the pandemic is fracturing.
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Embraer’s Eve clinches 100-aircraft order from Brazil’s Avantto
Embraer’s urban air mobility unit Eve has clinched a 100-aircraft order from Brazilian aircraft sharing firm Aviation Management Services (Avantto), with deliveries expected to start in 2026.
