Latin America – Page 37
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NewsEmbraer starts assembly of Hungary’s first KC-390 transport
The aircraft recently passed its critical design review and a ceremony was held at Embraer’s Gaviao Peixoto facility in Brazil to mark the start of production.
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NewsAzul CEO confirms interest in acquiring LATAM
Azul’s chief executive doubled down on comments he made last week about a potential acquisition of LATAM Airlines Group, pending the outcome of the Chilean airline’s bankruptcy protection process.
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NewsAzul ‘bullish’ about future booking and revenue trends
Brazil’s Azul Airlines is “bullish” about booking and revenue trends after its revenue increased almost 60% from the second to third quarters of 2021.
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NewsLATAM loses $692m in Q3, sees capacity hitting 65% by year-end
LATAM Airlines Group posted a third-quarter loss but says increased vaccination rates, fewer travel restrictions and pent-up demand will propel capacity to 65% of pre-pandemic levels by year-end.
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NewsGol reports wider Q3 loss, prepare to resume international flights
Gol reported a net loss of R$2.5 billion ($455 million) in the third quarter of 2021, but says that higher vaccination rates and the opening of borders across the hemisphere will boost travel in the coming busy summer holiday season.
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Airline BusinessAirline Business Covid-19 recovery tracker: November 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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NewsEmbraer reveals ‘Energia’ family of electric- and hydrogen-powered aircraft concepts
Embraer has unveiled a family of four low- or zero-emission concept aircraft for the regional market that it hopes to fly over the coming decades, including hybrid-, all-electric and hydrogen-powered models.
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Airline BusinessAzul surprises with talk of LATAM Airlines Group acquisition
Reports that Brazilian carrier Azul is preparing a bid for LATAM Airlines Group mark the second recent example of potential M&A activity to feature an airline interested in purchasing a much-larger rival.
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NewsAir cargo demand still high but ‘tangled’ global trade a concern: IATA
Airlines are continuing to benefit from high demand for air cargo, according to industry association IATA, but rising consumer and producer prices could eventually weigh on growth.
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NewsUS bankruptcy court approves Avianca reorganisation plan
A US court has confirmed Colombian flag carrier Avianca’s reorganisation plan, clearing the way for the airline to emerge from Chapter 11 bankruptcy proceedings by the end of the year.
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NewsArgentina re-opens to vaccinated foreign tourists
Argentina, one of the last countries in Latin America to relax Covid-dependent entry restrictions, re-opens its borders to vaccinated foreign tourists on 1 November.
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NewsAvianca A320 records exceptionally hard landing during airport test flight
Colombian investigators are probing a serious incident in which an Avianca Airbus A320 made a hard landing following an approach to Ibague airport, west of Bogota. The twinjet (N742AV) was carrying out an approach to runway 32, during an initial operational check to validate new approach procedures, according to French ...
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Airline BusinessWhat might COP26 mean for the airline industry?
On the eve of the UN climate change conference COP26, the airline industry is braced to discover what the eventual outcomes will mean for its growth path.
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NewsChilean court gives green light to Delta-LATAM joint venture
Chile’s competition authority TDLC has given the green light to LATAM Airlines Group and Delta Air Lines to implement their planned joint venture.
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NewsCourt grants LATAM more time to submit reorganisation plan
A US bankruptcy court has granted Chile’s LATAM Group more time to present a restructuring plan.
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In depthLatin American leaders call for more than sustainability 'lip service'
Aviation’s newest buzzword in the post-pandemic era is “sustainability”. In Latin America, as in other regions, industry leaders are acutely aware they must move past platitudes and take swift action if it they are to do their share for preserving the planet – and promoting their countries’ stunning natural beauty.
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Airline BusinessGol and Azul prepare for a restored Brazilian travel boom
Brazilian airlines Azul and Gol are positioning to take advantage of a resurgence in domestic and international travel as some of the last travel restrictions for customers from the vast Latin American country are set to fall.
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NewsAvianca will only operate Boeing 787-8s in simplified widebody fleet
Colombian flag carrier Avianca says its future widebody fleet will feature only Boeing 787-8s, as it seeks to emerge from US Chapter 11 bankruptcy protection with a simplified roster of aircraft.
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Airline BusinessLatin American airline CEOs reflect on the pandemic’s lessons learned
For airlines in Latin America, the coronavirus pandemic not only posed a sudden, monumental operational challenge, but also interrupted the region’s long overdue growth trajectory.
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NewsCrisis shows why better collaboration between governments and airlines is essential
The almost two-year coronavirus pandemic has laid bare the need for better collaboration between the public and private sectors during times of crisis, especially when it comes to implementing measures that may have long-term effects on the aviation industry, airline executives at ALTA’s Leaders’ Forum say.