Latin America – Page 24
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NewsDelta Air Lines Airbus A350 jet appears to have been hit by gunfire in Santiago
A Delta Air Lines Airbus A350 appears to have been hit by gunfire during a failed armed robbery on the apron at Santiago’s Arturo Merino Benitez International airport.
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NewsBrazil’s Gol reports higher earnings amid rise in ‘bleisure’ travel
Brazil’s Gol says the rise of ‘bleisure’ trips – a combination of business and pleasure travel – boosted earnings during the fourth quarter of 2022.
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NewsColombian transport authority steps in to manage Viva Air re-organisation
Colombia’s transportation superintendent, the oversight authority for the sector, has taken control of troubled budget airline Viva Air and is seeking to submit the carrier to a business recovery process. The superintendent states that the control decision sets out tasks including drawing up, within two days, an immediate improvement scheme ...
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NewsAzul posts record R$15.9bn revenue in 2022
Brazil’s Azul notched record fourth-quarter revenue as passenger travel demand remained strong and cargo continued booming.
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NewsDominican Republic’s Arajet applies to US DOT to launch routes to the USA
Arajet, a new low-cost start-up carrier based in the Dominican Republic, has applied to the US government to launch routes between the Caribbean country and the United States.
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NewsViva Air dismayed as merger hold-up forces it to suspend operations
Colombian budget carrier Viva Air has suspended operations, citing regulatory hold-ups regarding its efforts to form a tie-up with Avianca.
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NewsVolaris expects FAA’s Mexico safety upgrade in 'next six months’: CEO
Mexican ultra-low-cost carrier Volaris expects the Federal Aviation Administration to restore the country’s “Category 1” safety status later this year.
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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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Airline BusinessInvestors 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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Airline BusinessAirline 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.