Latin America – Page 3
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NewsBrazil’s Gol files for Chapter 11 bankruptcy protection in US court
Brazilian low-cost carrier Gol has filed for Chapter 11 bankruptcy protection in the USA so it can “address ongoing challenges” posed by the Covid-19 pandemic.
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NewsCommission initiates deeper probe into latest IAG-Air Europa tie-up bid
IAG’s latest attempt to acquire Spanish carrier Air Europa is being referred for in-depth investigation by the European Commission over competition concerns.
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AnalysisDespite exceptional 2023 figures, airline safety faces scrutiny after wake-up calls
The airline industry’s exceptional performance in 2023 illustrates how much safety has improved over recent decades – but the new year’s opening week delivered a stark wake-up call.
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NewsGol says capital restructuring path still undecided amid Chapter 11 report
Brazilian low-cost carrier Gol has responded to a report linking it to a Chapter 11 filing by stating that it is continuing a review of its capital structure.
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In depthAirline Business Covid-19 recovery tracker: January 2024 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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NewsVolaris expects to cut capacity by up to 18% in 2024 as GTF impact hits
Mexican low-cost carrier Volaris expects reduce its full-year capacity in terms of available seat miles (ASM) by between 16-18% in 2024 as it contends with increased inspections of some of the Pratt & Whitney PW1100G geared turbofans (GTFs) powering its Airbus A320neo-family jets.
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NewsGlobal airline passenger traffic reached 99% of 2019 levels in November
Global passenger traffic was within 1 percentage point of 2019 levels in November last year, according to the latest data from IATA, as it closes on the pre-Covid peak.
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NewsVenezuelan government furious over transfer of impounded Emtrasur 747-300M
Venezuela’s government has reacted angrily to an Argentinean judicial decision to order the transfer of an impounded combi Boeing 747-300M to US authorities. The Venezuelan state describes the decision over the aircraft – operated by Empresa de Transporte Aereocargo del Sur, or Emtrasur – as attempted theft, and “clearly servile ...
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NewsCopa and Aeromexico ground Boeing 737 Max 9 aircraft
Latin American carriers Copa Airlines and Aeromexico have together grounded about 40 Boeing 737 Max 9s after an Alaska Airlines aircraft of the same type suffered a depressurisation incident.
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NewsAerolineas Argentinas names Lombardo as new president and CEO
Argentine state-owned carrier Aerolineas Argentinas has named its chief commercial officer Fabian Lombardo as its new president and chief executive, succeeding Pablo Ceriani.
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NewsAvion Express begins process to obtain Brazilian AOC for new Latin operator
Charter and wet-lease specialist Avion Express is moving closer to establishing a division in Brazil, commencing the process to obtain an air operator’s certificate. Avion Express had disclosed in May last year that it wanted to set up a Brazilian charter division. It states that it will start with five ...
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NewsMexicana’s inaugural flight arrives in Tulum after diverting to Merida for weather
The resuscitated Mexicana airline brand launched its inaugural flight from Mexico City to the Caribbean resort city of Tulum on 26 December.
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NewsPresident Milei outlines Aerolineas Argentinas share transfer and open skies plans
New Argentinean president Javier Milei has included a plan to hand Aerolineas Argentinas shares to its employees, and implement open skies, among an extensive series of reforms for the country. Milei disclosed the proposal to authorise transfer of a “total or partial” share package of the airline during a televised ...
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NewsChile's LATAM orders five Boeing 787s with GEnx engines
Chile’s LATAM Airlines Group has ordered five more Boeing 787 Dreamliners, and will equip them with GE Aerospace GEnx engines.
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NewsAzul orders four more Airbus A330neos
Brazil’s Azul has ordered four more Airbus A330-900s to expand its long-haul route offering.
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InterviewHow Adrian Neuhauser transformed Avianca into a low-cost competitor
With traffic surging in Latin America, Adrian Neuhauser has turned Avianca into a low-cost operator that draws on the strengths of its network-carrier past
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In depthAirline Business Covid-19 recovery tracker: December 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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NewsletterWhy airline industry focus is on the margins of profitability
Confirmation from IATA that the airline industry will return to collective profitability this year and that passenger volumes will shortly surpass pre-Covid levels is an indication that the sector has finally normalised.
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NewsIATA raises 2023 profit expectations for airlines to $23bn and sees small rise for 2024
IATA expects the airline industry to post a collective net profit of $23.3 billion for 2023, more than doubling its expectations from six months ago.
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NewsChilean low-cost carrier Sky Airline applies to DOT for routes to USA
Chile’s Sky Airline has applied to the US Department of Transportation (DOT) to provide air service to the United States alongside its Peruvian subsidiary, which has been flying to the US since 2022.