Latin America – Page 20
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NewsEmbraer looks to double its revenue in ‘medium term’
Embraer thinks its can possibly double its revenue in the “medium term”, the result of increasing aircraft delivery rates and expanding its aircraft services business.
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News
Embraer’s electric EMB-203 Ipanema makes maiden flight
Embraer in recent days completed first flight of an electric-powered EMB-203 Ipanema, part of a project by the company to develop electric technologies for use in future aircraft projects.
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News
Embraer rolls out carbon-reduction targets, supports ‘net-zero emissions’ by 2050
Embraer has pledged to develop “solutions” to achieve “net-zero aviation emissions” by 2050, saying it will work expand the use of biofuel and continue developing aircraft powered partly and fully by electricity.
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News
Embraer tweaks turboprop concept to have aft-mounted engines
Embraer has unveiled a new configuration for its conceptual turboprop, now pitching a 70-90 seat aircraft with aft-mounted engines – a design the company says can replace 50-seat regional jets.
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News
Embraer ends two year run of quarterly losses with $88m profit
Embraer in the second quarter swung to its first quarterly profit in two years, earning $87.9 million in a period marked by a surge in revenue and bump in aircraft deliveries.
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Brazil’s Azul optimistic about continued recovery
Brazilian airline Azul says business picked up markedly toward the end of the second quarter, and the airline remains positive that the country’s air transport recovery will continue in the coming months.
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News
Avianca submits reorganisation plan to US bankruptcy court
Colombia’s flag carrier Avianca has submitted a reorganisation plan to a US bankruptcy court.
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In depth
Airline coronavirus recovery tracker: August 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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Analysis
What does the IPCC’s climate-change report say about aviation?
The IPCC’s Sixth Assessment Report, addressing the most up-to-date understanding of climate change, is another reminder of the pressing need for the aviation sector to reduce its environmental footprint.
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News
LATAM to acquire 28 more Airbus narrowbody aircraft
LATAM Airlines Group will acquire 28 new Airbus narrowbody aircraft as it continues to work through its bankruptcy proceedings.
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News
Copa posts small Q2 profit despite travel restrictions
Copa Holdings, parent of Panama’s Copa Airlines, achieved a small profit during the second quarter of 2021 as operations began to normalise following the long Covid-19-driven disruption.
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Airlines lost $72 per passenger in 2020 as Covid-19 ended positive trend
Airlines made a net loss of $71.71 per passenger during 2020, according to global data released by IATA, as the Covid-19 pandemic reversed a period of relatively strong financial performance.
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News
Gol accelerates fleet renewal with 28 Boeing 737 Max
Brazil’s Gol has signed agreements for 28 more Boeing 737 Max aircraft as it renews its fleet more quickly than originally planned.
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News
Brazil’s Azul inks $1b deal with Lilium
Brazil’s Azul has signed a commercial deal with German electric aviation startup Lilium worth up to $1 billion.
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American takes minority stake in Indigo Partners’ JetSmart
American Airlines plans to take a minority stake in low-cost carrier JetSmart in order to broaden its network in Latin America further and help fuel the Chile-based carrier’s growth.
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News
Gol recovery on track as Brazil vaccinations climb: CEO
Brazil’s Gol experienced increased customer demand in the second quarter as the rate of vaccination against the Covid-19 virus also rises in the vast Latin American country.
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News
Embraer KC-390 starts flight tests on unpaved runway
An 1,800m (5,905ft) dirt runway at Embraer’s Gaviao Peixoto facilities in southern Brazil will be used over the next several weeks to assess and analyse the performance of the KC-390 tactical transport.
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In depth
Embraer waits on market return to boost E175-E2 sales
The smallest member of Embraer’s E2 family, the E175-E2, has a long road ahead if it is to embark on the same path to success as its larger siblings, the E195-E2 and the E190-E2.
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News
Embraer delivers 34 jets in the second quarter
Brazilian airframer Embraer delivered 34 jets during the second quarter of 2021, double the number it delivered in the same period during coronavirus-plagued 2020.
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News
Aeromexico continues a steady recovery in Q2
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline continued steadily recovering from the coronavirus crisis during the second quarter of the year, as both domestic and international travel contributed to narrowing its financial loss.
