Latin America – Page 25
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NewsAirline industry might burn through $95bn in cash this year: IATA
The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.
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In depth
Airline Business special: CEOs to watch in 2021
As the Covid-19 crisis moves into its second year, we feature some of the airline chiefs whose success or otherwise will be bellwethers of the industry’s recovery in 2021.
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News
Mexico’s low-cost Volaris tracks ‘strongest recovery’ in the industry
Mexican ultra-low-cost carrier Volaris is on track for one of the fastest recoveries in the industry even though the coronavirus continued to drag on results in the fourth quarter 2020, the airline says on 19 February.
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Analysis
Boeing 737 Max service return in the Americas gathers pace
Airlines across the Americas are first to test customer appetite for the aircraft in much-changed operating climate
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News
Aeromexico sees ‘encouraging signs’ for 2021
Despite significant 2020 losses and an ongoing bankruptcy proceeding, Grupo Aeromexico, the parent of Aeromexico, sees “encouraging signs of recovery”.
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Analysis
Airlines anxiously await international rescue as variants trump vaccines
Concerns about variants of Covid-19 are spoiling what was, towards the end of 2020, expected to be a turning point for international air travel.
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News
Embraer delivers 71 jets in fourth quarter
Embraer delivered 71 jets in the fourth quarter of 2020, bringing the number of aircraft it delivered in the full year to 130, as the Brazilian airframer continued feeling the effect of the coronavirus.
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News
Copa Q4 loss is $169m, as it operated 27% of capacity
Panama’s Copa Airlines posted a fourth quarter loss of $169 million as it was only able to operate 27% of the capacity it had operated in the same quarter a year prior, due to coronavirus-related travel restrictions.
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News
Jamaica Defence Force to buy six Bell 505 helicopters
The Jamaica Defence Force has signed a purchase agreement with Bell to buy six Bell 505 helicopters.
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News
American expands international schedule from Miami
American Airlines is expanding international service from its Miami hub, with new direct flights to Tel Aviv and Paramaribo, Suriname, set to launch in June and July, respectively.
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In depth
Airline coronavirus recovery tracker: February 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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News
Airline passenger traffic saw sharpest decline in history during 2020
The coronavirus-ravaged airline industry experienced its sharpest-ever decline in passenger demand during 2020, as global traffic fell 65.9% from 2019 levels, according to full-year data released by IATA today.
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News
Air cargo demand decline in 2020 ‘worst since records began’
The air cargo sector – touted as the airline industry’s bright spot during the coronavirus crisis – saw its largest year-on-year fall in demand since IATA records began during 2020, although the final quarter brought signs of the gap closing.
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News
IATA outlines scenario where Covid variants pummel 2021 traffic
The global airline industry might only see traffic growth of around 13% from 2020 levels this year amid the impact of new variants of Covid-19, according to a potential scenarios presented by IATA.
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News
Aeromexico and LATAM seek to codeshare on US flights
Aeromexico and LATAM Airlines Group have agreed to a codesharing partnership under which Aeromexico’s flights to the USA will carry LATAM flight codes.
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News
Airline bookings weaken as IATA warns recovery ‘some way away’
Forward airline bookings have weakened going into the first quarter of 2021, as IATA warns that the situation is likely to get worse before it gets better.
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In depth
Airline coronavirus recovery tracker: January 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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News
Aeromexico terminates collective bargaining agreements with pilots, flight attendants
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, Aeromexico, has requested to terminate its collective bargaining agreements with its pilots’ and flight attendants’ unions, as it struggles to continue operating through the ongoing global coronavirus pandemic.
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News
Latin American aviation groups urge roll back of flight bans and new travel restrictions
The Latin American and Caribbean aviation industry is urging governments in the region to roll back newly imposed travel restrictions, including Covid testing requirements and flight bans on certain routes.
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Analysis
Does shift towards pre-flight Covid-19 testing spell disaster for airlines?
The tightening of border controls is an emerging theme in the early days of 2021, as governments react to concerns about new variants of Covid-19 and soaring infection rates in many regions.
