Latin America – Page 22
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AnalysisIATA chief economist signs off with optimistic outlook for airline recovery
Brian Pearce’s final IATA media briefing as the association’s chief economist saw him provide a relatively positive industry outlook, after a year in which he had become accustomed to delivering unimaginably bleak news about airline fortunes.
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Ecuatoriana strives to revive aviation history, only better
The small Latin American nation of Ecuador is preparing for a new airline with a familiar name that promises to revolutionise the country’s domestic transportation network.
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Gol expects second-quarter net operating revenues of $188 million
An improvement in Gol’s domestic flight sales in May has led the Brazilian carrier to revise its outlook for the second quarter, for which it expects to report net operating revenues of R$1 billion ($188 million).
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IATA expects airline passenger numbers to exceed pre-Covid levels in 2023
Airline industry body IATA has outlined an “optimistic” outlook for the Covid-19 recovery, forecasting that pre-crisis passenger numbers will be exceeded as soon as 2023.
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Embraer launches ERJ-145 ‘semi-private’ conversions
Embraer has launched a programme to convert ERJ-145 passenger aircraft into “semi-private” jets, a move coming as more than a hundred of the regional jets sit in storage, many of them victims of the pandemic.
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US-Mexico flights continue despite safety downgrade, Delta strips code from Aeromexico flights
US carriers will continue to operate flights to Mexico normally following the Federal Aviation Administration’s recent downgrade of the country following a safety evaluation.
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FAA downgrades Mexico's safety rating after evaluation
The FAA has downgraded Mexico’s rating for aviation safety standards, creating potential issues for Mexican carriers’ expansion of air links between the US and the popular vacation destination.
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Airline recovery brings fresh cash-crunch risk as costs return: IATA chief
Airlines will face a new cash-crunch challenge as the resumption of operations sees a range of costs return alongside a lack of liquidity from forward bookings, in the view of IATA director general Willie Walsh.
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Azul explores consolidation, LATAM nixes codeshare
Brazilian airline Azul is pursuing consolidation opportunities, which it views as a means of helping the airline sector recover from the ongoing pandemic-driven downturn.
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Mexico’s MasAir to take converted A330 freighters ordered by CDB
Mexican operator MasAir is to receive a pair of converted Airbus A330-300 freighters through an agreement with Irish-based lessor CDB Aviation. CDB Aviation had disclosed last year that it was ordering the modification of two A330-300s by specialist EFW, its first step into the converted freighter market. It ...
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How Embraer engineer Luciana Selmi Marques leads the way
For Embraer materials engineer Luciana Selmi Marques, resilience is not only a characteristic of aircraft construction, but also a behavioural trait that she has embraced, and that has become a guiding principle throughout her career.
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LATAM opts to convert more 767s to freighters
South American operator LATAM Group is to take its fleet of converted Boeing 767-300ER freighters from 11 to 21 over the next two years, after enhancing its cargo expansion plan. LATAM had originally intended to take four Boeing Converted Freighter aircraft but placed options for another four, all of ...
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In depth
Airline coronavirus recovery tracker: May 2021 update
Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, 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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Copa posts first quarter loss, sees diverging trends in the Americas
Panama’s Copa Airlines is banking on its advantageous geographical position and extensive network to smaller cities across the Americas and the Caribbean to eventually pull itself out of the coronavirus-driven slump.
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Azul posts quarterly loss, cargo revenue rises
Brazil’s Azul narrowed its loss in the first three months of the year compared to 2020, as a bump in cargo sales partly offset steep declines in passenger revenue.
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Boeing to open first 737 freighter conversion line in Latin America
Boeing has tapped Costa Rican MRO Coopesa to launch Latin America’s first Boeing 737-800 Boeing Converted Freighter (BCF) production line.
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Domestic and cargo pick-up in March fail to offset international traffic gloom
A strong recovery in the large Chinese domestic market was the key driver for an improved global passenger traffic performance in March, though RPKs still remain two-thirds below pre-crisis levels.
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Environmental impact now part of airline fleet thinking: Udvar-Hazy
While Air Lease executive chairman Steven Udvar-Hazy sees airlines giving greater attention to addressing environmental concerns in their fleet planning amid heightened pressure to tackle aviation’s climate impact, he does not believe it will change the useful life of aircraft.
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Commercial aircraft market should reach equilibrium by 2023: Udvar-Hazy
The commercial aircraft market should return to something more like its historical balance by 2023, following an accelerated retirement and replacement cycle, in the view of Air Lease executive chairman Steven Udvar-Hazy.
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Gol sees bookings rise as Covid cases recede
Brazilian airline Gol expects sales to pick up as the second wave of the coronavirus recedes in that Latin American country, and potential customers begin to once again make travel plans.
