Latin America – Page 23
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AnalysisAirline CEO churn moderated in 2021 – with Canada clearout the exception
Fifteen of the world’s top 100 airlines and groups welcomed new chief executives in the 12 months to early December 2021, according to FlightGlobal’s latest survey, with upheaval among North American airlines a notable theme – and one that is set to continue into 2022.
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In depthAirline Business Covid-19 recovery tracker: January 2022 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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NewsCaribbean Airlines introduces Boeing 737 Max
Caribbean Airlines has carried out its initial revenue flight with the fleet’s first Boeing 737 Max 8.
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NewsPerlan glider to stream ‘live feed’ of stratosphere when flights resume
The high-altitude Perlan 2 glider may soon be carrying a Thales-made satellite communications system that will broadcast live in-flight video from the sailplane while cruising earth’s stratosphere.
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NewsEmbraer to sell Portuguese manufacturing sites to Aernnova for $172m
Embraer has agreed to sell aerostructures operations in Portugal to Spanish aerospace company Aernnova for $172 million, an effort by the airframer to “optimise” its manufacturing footprint.
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NewsAir cargo growth slowed in November amid supply-chain issues: IATA
Air cargo growth slowed in November as supply chain issues affected demand, according to airline association IATA
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NewsAeromexico’s creditors approve restructuring plan
Grupo Aeromexico’s creditors have approved its restructuring plan, moving the Mexican carrier one step closer to exiting Chapter 11 bankruptcy proceedings in a US court.
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NewsElbit secures additional Hermes 900 order from Brazil
Elbit Systems has secured a deal to furnish Brazil with additional Hermes 900 unmanned air vehicles.
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AnalysisWhich airlines welcomed new aircraft types into their fleets during 2021?
Established airlines around the world debuted aircraft types and variants in their fleets during 2021, despite the devastating impact of the Covid-19 pandemic. We look back at some of the highlights, from nimble narrowbodies through to heavyweight widebodies.
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In depthWhich airlines launched, failed or merged in 2021?
One of the most counter-intuitive things about the pandemic for the airline sector has been that during the worst crisis the industry has ever faced, relatively few carriers have collapsed.
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AnalysisReasons for the airline industry to be optimistic about 2022, despite Omicron
Much as the emergence of the Alpha variant of Covid-19 in late 2020 put a damper on hopes for a strong air traffic recovery in the new year, the Omicron variant is playing the same trick as 2021 comes to an end.
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AnalysisWhat awaits the aviation sector in 2022?
Our special package of forecast articles looks at a dozen topics which are likely to be in the headlines during the coming 12 months.
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NewsEve to become public company through merger with blank-check company
Embraer’s electric air taxi development subsidiary Eve plans to become a publicly traded company by combining with blank-check firm Zanite Acquisition, with Embraer retaining 82% of the resulting company’s equity.
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NewsBAE, Embraer to study Eve’s military potential
BAE Systems and Embraer are to collaborate on a study into potential military applications for the electric vertical take-off and landing aircraft being developed by the Brazilian company’s Eve urban air mobility unit.
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AnalysisLatin American airlines facing long road to recovery
Latin America’s airlines had a tougher pandemic than most, with little direct government support despite tight travel restrictions. Can they build back?
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NewsDelta to invest $1.2bn to bolster equity roles in Aeromexico, LATAM and Virgin Atlantic
Delta Air Lines is underpinning its partner airline strategy by investing a further $1.2 billion to retain significant equity stakes in Aeromexico, LATAM Airlines Group and Virgin Atlantic following their respective restructurings or recapitalisations.
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AnalysisAirlines face Omicron with the WHO and consumers on side
As the world awaits hard data on the likely impact of the Omicron variant of Covid-19, airlines also face slim-pickings when it comes to indictors of how travel demand will respond.
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NewsAllegiant sees Mexico as a “green field”: CEO
A week after Mexican ultra-low-cost carrier Viva Aerobus and Allegiant Air applied to the US Department of Transportation (DOT) for a transborder commercial alliance, the US discount carrier’s chief executive Maurice Gallagher says Mexico is a “green field” that holds many possibilities for the airline.
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In depthAirline Business Covid-19 recovery tracker: December 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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NewsAvianca emerges from bankruptcy protection
Colombian carrier Avianca is the first of three Latin American airlines to complete its financial restructuring process and emerge from Chapter 11 bankruptcy proceedings.