Latin America – Page 3
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NewsColombian aviation regulator approves 27 domestic routes for JetSmart
Colombia’s civil aviation regulator, Aerocivil, has approved 27 domestic routes for Chile’s ultra-low-cost carrier JetSmart.
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Newsletter
Airlines struggle to fast-track consolidation
It is not without reason that the airline industry is one of the least consolidated sectors globally. Regular competition issues are compounded by the inherently international nature of the business, which for a majority of operators involves connecting cities in different countries, even if the consolidation itself is not cross-border.
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News
LATAM Airlines swings to profit in Q4 of ‘milestone year’
LATAM Airlines Group posted a profit for the final quarter of 2022, just months after it became the last of three Latin American airlines to emerge from voluntary restructuring precipitated by the Covid-19 pandemic.
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News
Embraer posts $23m Q4 profit as deliveries surge late in 2022
Embraer overcame broad supply-chain issues to finish 2022 strong as aircraft deliveries surged in the fourth quarter.
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News
Delta Air Lines says Airbus jet not hit by gunfire in Santiago
Delta Air Lines says the Airbus A350 that was parked near the location of a foiled heist at Santiago’s Arturo Merino Benitez International airport on 8 March was not, in fact, hit by gunfire.
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News
Delta 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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News
Brazil’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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News
Colombian 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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News
Azul 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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News
Dominican 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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News
Viva 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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News
Volaris 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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News
Volaris 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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News
Embraer’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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News
Azul 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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News
Mexico’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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News
Copa 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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News
LATAM 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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News
JetSmart 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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Podcast
Airline 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.
