Latin America – Page 5
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NewsBrazil’s Gol posts record third-quarter revenue on ‘strong and steady’ demand
Brazil’s Gol generated record revenue in the third quarter of 2023 as both leisure and corporate travel demand continued to strengthen.
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NewsletterWhy the airline industry’s net-zero effort is likely to push fares higher
More airline leaders are starting to openly acknowlege that the extra costs associated with the industry’s net-zero transition through to 2050 are almost guaranteed to increase in ticket prices for consumers and impact the pace of the sector’s growth.
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NewsLATAM Airlines posts $232m profit, based on strength of passenger operations
LATAM Airlines Group posted record quarterly revenue during the three-month period ending in September, turning a $232 million profit – the airline’s fourth consecutive quarter in the black – as sales from passenger travel more than offset a decline in cargo revenue.
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InterviewJetSmart zeroes in on another Latin American jewel: Colombia
Start-up ultra-low-cost carrier JetSmart is on the cusp of securing an air operator certificate (AOC) in a fourth country, Colombia. That will allow the airline to fly domestic routes in nations from the very north of the South American continent to its southern tip.
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NewsletterWhy Latin American airline sector struggles to make money
While it is hardly unusual to hear airline leaders calling for lower taxes and better infrastructure, the frustrations voiced by Latin American airline leaders come against a backdrop where region-wide profitability remains elusive despite traffic and revenue highs.
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NewsBrazil’s Embraer delivers 43 jets during the third quarter
Brazilian airframer Embraer delivered 43 jets during the third quarter, 30% more than it did in the same period last year.
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NewsMexico’s VivaAerobus posts $56m profit during third quarter
Mexican low-cost carrier VivaAerobus earned $56 million during the third quarter of 2023, its second consecutive quarter with a profit, as demand was high and fares improved.
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NewsAir France-KLM renews and deepens partnership with Gol
Air France-KLM and Brazilian carrier Gol have reached agreement to renew their existing co-operation for a further 10 years.
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NewsVolaris posts third-quarter loss, gears up for GTF mitigation and more US flights
Mexican discount carrier Volaris lost $39 million in the third quarter of 2023 and is planning to beef up its service to the USA while warning about flight disruptions caused by Pratt & Whitney (P&W) engine issues.
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In depthCaribbean carriers seek collaborations to attract Latin American vacationers
As small Caribbean and Central American airlines struggle with taxation and infrastructure issues that also plague their much larger Latin American peers, the carriers are working on creative ways to boost connectivity and attract an increasingly travel-savvy South American clientele to their part of the hemisphere.
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NewsWalsh urges others to learn from Europe ‘mistakes’ on aviation environmental policies
IATA director general Willie Walsh is urging other regions not to repeat what he calls the mistakes policy-makers in Europe have made in tackling aviation’s impact on environment.
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NewsLatin American airlines fear being left behind in race to secure SAF
Latin American airlines are concerned they may be left behind in the race to secure enough sustainable aviation fuel (SAF) to help achieve carbon neutrality by 2050.
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NewsLatin American airlines set sights on returning to Venezuela
While Latin American airlines focus on managing numerous economic and regulatory challenges across the continent, some have started to look again at a country that has been out of the picture for much of the last decade as a possible target of expansion: Venezuela.
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InterviewALTA chief seeks policies to enable Latin American and Caribbean to ‘unleash potential’
As Jose Ricardo Botelho hosts his third ALTA Airline Leaders Forum as the group’s executive director, the region’s aviation industry has much to be proud of
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NewsRegulator still awaiting aircraft details of new Mexicana operation
Mexico’s aviation regulator is still awaiting details of aircraft for the planned new state airline which will operate under the former Mexicana brand.
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AnalysisMexican airline growth story impresses despite state interventions
The country’s airlines are powering out of Covid-19 but airport and competitive challenges complicate the outlook
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NewsALTA leaders call for ‘more inclusion’ in decision-making
Industry over-regulation, high taxation, supply-chain issues, ageing infrastructure and creating a level playing field for both public and private players are just some of the issues Latin American airline leaders are looking to address at their 19th annual ALTA AGM and Leaders’ Forum in Cancun, Mexico next week.
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NewsPentagon unveils maintenance partnership with South American operators
US Southern Command is rolling out an initiative with partner nations in South America to improve logistics on the continent and operator-level maintenance of US-built platforms, such as the Lockheed Martin C-130.
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In depthTop 100 airline groups traffic rankings 2022
Passenger traffic among leading global carriers sharply recovered last year, outpacing the additional capacity they restored and helping load factors climb back above 80%. FlightGlobal’s analysis of the airline industry traffic performance in 2022 based on the top 100 airline groups by revenue passenger kilometre (RPKs).
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AnalysisNBAA brings business aviation back to Las Vegas
Strong aircraft backlogs and resilient demand for private air travel mean the business aviation industry is approaching 2024 in good shape.