Latin America – Page 25
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In depthAirline 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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NewsCopa 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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NewsAzul 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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NewsBoeing 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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NewsDomestic 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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NewsEnvironmental 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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NewsCommercial 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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NewsGol 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.
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NewsEmbraer delays E175-E2 service entry one year
Embraer has delayed the E175-E2’s service entry by one year, until 2024, saying it is continuing certification work on the regional jet, but on a revised timeline.
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NewsEmbraer narrows Q1 loss, takes order for 30 E-Jets
Brazilian airframer Embraer says it is confident of the company’s post-coronavirus future after posting higher sales and a smaller loss for the first quarter of the year.
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NewsAvianca Holdings chief Van der Werff selected to lead SAS
Latin American airline operator Avianca Holdings’ head, Anko Van der Werff, is to take up the position of chief executive of Scandinavian flag-carrier SAS by mid-July. Van der Werff will succeed Rickard Gustafson, who will relinquish his position in May and hand control in the interim to chief commercial ...
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NewsEmbraer delivers 22 jets in first quarter of 2021
Embraer delivered 22 jets in the first quarter of 2021, up more than 50% from the same period in coronavirus-plagued 2020.
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NewsGuangzhou displaces Atlanta as Chinese airports dominate latest ranking
Guangzhou Baiyun displaced Atlanta Hartsfield as the world’s busiest airport in 2020, as Chinese facilities shot up the global ranking to dominate the top 10, according to preliminary data released by ACI World in late April.
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NewsAeromexico seeks to cut Boeing orders, proposes 28 new jets
Mexican carrier Aeromexico intends cut its Boeing 737 Max orders and acquire more 787s as part of a proposed restructured aircraft purchase agreement with the Chicago airframer.
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NewsEmbraer and Brazilian air force to study development of advanced UAV
Embraer and the Brazilian air force have signed a memorandum of understanding to jointly study the design and development of an “advanced unmanned aircraft system”.
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NewsC208 suffered excursion after unstable approach and long landing
Investigators have found that a Cessna C208B operating a cargo flight conducted an unstable approach before landing long and hard, and suffering a runway excursion in the British Virgin Islands. The single-engined aircraft, with the US registration N967FE, was operating on behalf of FedEx and arriving from Puerto Rico ...
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NewsInternational capacity rise helps support Aeromexico Q1 results
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says a small rise in international capacity is helping the airline slowly recover from the coronavirus crisis as it continues to work through bankruptcy protection proceedings.
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InterviewDavid Neeleman ready for his fifth act with Breeze Airways
After launching four successful airlines in 30 years, serial entrepreneur David Neeleman’s latest project sees him targeting underserved US cities with Breeze Airways
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OpinionDiscussion of restriction-free air travel is cause for optimism
It made sense for Willie Walsh to use his first briefing as IATA director general to insist that Covid-related health measures – such as pre-flight testing and vaccination certificates – should only be in place for as long as is necessary.
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In depthAirline Business Index puts industry at 0.59 of pre-Covid size
The first Airline Business Index put the airline industry at 0.59 of its pre-pandemic size at the end of 2020 – with 1 being the size at end-2019 – amid the devastating impact of the Covid-19 pandemic.