Latin America – Page 4
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In depthRevenues power airlines above 2019 benchmark despite lagging traffic and capacity
The latest Airline Business Index shows the second quarter of this year was marked by soaring revenue and a jump in passenger numbers, as the industry exceeded the 2019 benchmark index score for the first time since the pandemic.
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NewsAllegiant decries DOT decision as favouring ‘oligopolistic’ carriers over discounters
Allegiant Air is railing against the US government’s decision to suspend review of the airline’s proposed joint venture with Mexican ultra-low-cost carrier (ULCC) Viva Aerobus.
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NewsBacklash follows Mexican government's plans to reduce airport volume
A proposal by Mexican aviation authorities to further reduce traffic at Mexico City Benito Juarez International airport – the country’s busiest – in favour of the newer but more distant Felipe Angeles International airport has drawn fire and questions.
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AnalysisTop 100 aerospace companies ranked by revenue
The past financial year was one of post-pandemic recovery for many of the largest aerospace companies. However, supply chain woes and a depressed defence sector were a brake on growth.
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AnalysisCommercial aviation flying high after pandemic squeeze
Commercial aircraft business soared in 2022, as demand rose in a post-pandemic hurry.
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AnalysisAirline Business performance tracker: Americas Q2 2023
Key data from the most-recent Americas earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsEmbraer narrows losses in Q2 amid aircraft delivery bump
Embraer’s revenue surged in the second quarter of 2023 as it significantly ramped up the pace of new aircraft deliveries.
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NewsUSA to approve sale of Danish F-16s to Argentina
Washington intends to approve the transfer of the American-made fourth-generation fighters from Denmark to Argentina, along with a number of P-3 Orion anti-submarine warfare turboprops from Norway.
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In depthAirline Business Covid-19 recovery tracker: August 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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NewsCanada’s Air Transat to expand flying to Latin America this winter
Canadian leisure carrier Air Transat looks to gain a greater foothold in Mexico and South America starting in December.
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NewsMexicana successor to start with 737 fleet after government seals compensation deal with workers
Mexico’s government is poised to create a new carrier based on defunct operator Mexicana’s assets, after securing a compensation agreement with workers to take over the brand. Overseen by the defence ministry, and led by a Mexican air force general, the new carrier will lease 10 Boeing 737-800s, with three ...
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NewsTextron Aviation’s SkyCourier gains certification in Brazil
Textron Aviation has secured certification for its SkyCourier twin turboprop from the National Civil Aviation Authority of Brazil (ANAC), clearing the way for operations in that Latin American country.
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NewsBrazil’s Azul breaks Q2 revenue record; sees demand trends continuing
Brazil’s Azul had a record-breaking quarterly revenue of R$4.3 billion, up 8.8% against the R$3.9 billion it reported in the same quarter last year, and 63% over the same quarter in pre-pandemic 2019 as passenger demand, including corporate travel, continues to bounce back.
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NewsCopa Q2 profit is $17.5m as demand remains strong, fuel cost drops
Copa Airlines posted a second-quarter profit of $17.5 million as demand remained strong and costs fell, driven by fuel prices, which declined by about one-third.
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NewsEve reports $31.4m second-quarter loss as it ramps up eVTOL development
The bulk of the company’s quarterly expenses came from $21.8 million spent on research and development, including internal design, engineering and testing infrastructure for its electric air taxi.
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NewsAvianca reports modest Q2 profit as it executes on post-restructuring business plan
Avianca posted a modest profit during the second quarter, benefiting from cost control, smooth operations and increased demand, rather than higher prices, the company says.
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NewsEmbraer delivers 47 jets during the second quarter
Brazilian airframer Embraer delivered 47 jets during the second quarter, 47% more than it did in the same period last year.
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NewsLATAM posts Q2 profit of $145m as it expands its network
Chile’s LATAM Airlines Group posted a $145 million profit for the second quarter, as it strengthened its network and diversified revenue streams.
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NewsShimmy dampers examined after Red Air MD-82 gear collapse
US investigators have been scrutinising shimmy damper mechanisms from a Red Air Boeing MD-82 which suffered a main landing-gear collapse and runway excursion after touching down at Miami. The aircraft – arriving from Santo Domingo on 21 June last year – touched down on runway 09 but, some 1,300ft into ...
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NewsUS DOT suspends review of Allegiant-Viva Aerobus joint venture
The US Department of Transportation (DOT) has suspended its review of a joint venture between ultra low-cost carrier (ULCC) Allegiant Air and Mexico’s Viva Aerobus, putting a wrench in the carriers’ already-delayed plans for expansion in each others’ home markets.