Latin America – Page 4
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In depth
Embraer predicts ‘wave’ of E-Jet orders as company continues operational turnaround
Embraer executives say demand for E-Jets is lagging a broader boom for larger aircraft like Airbus and Boeing narrowbodies. Soon, they say, airlines will turn more attention to E-Jets to fill a market-segment gap.
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Analysis
Level to get its own AOC as part of IAG Spanish expansion plans
IAG’s long-haul, low-cost carrier Level is to get its own air operator’s certificate (AOC) and will increase its fleet to eight aircraft by 2026 under growth plans disclosed at the airline group’s Capital Markets day on 21 November.
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In depth
Airline Business Covid-19 recovery tracker: November 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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News
Copa posts 61% higher Q3 profit as demand climbs
Copa Holdings, the parent company of Copa Airlines, reported a third-quarter profit on higher demand and stable expenses, as the cost of jet fuel fell by one-fifth.
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News
Azul reports record adjusted profit as fleet transition pays off
Brazil’s Azul earned a R1.6 billion ($319 million) adjusted third-quarter operating profit as passenger and cargo demand remained strong during the traditionally weaker southern hemisphere winter season.
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News
Embraer stretches scope of Energia ambitions
Embraer has again shifted the scope of its Energia project, extending the size of the conceptual aircraft under consideration up to 50 seats.
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News
Continued demand may prolong E175 production into 2030s
Embraer could continue building its E175 into the 2030s as continued airline demand and a lack of scope-clause relief in the USA combine to extend the regional jet’s expected production life.
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News
‘Amazing momentum’ has C-390 prospects soaring, Embraer defence chief says
Embraer is aiming to close out an already great year for its C/K-390 airlifter by securing additional orders, while it also eyes longer-term opportunities in the Middle East.
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News
Avianca posts profit as it scrambles to fill Colombian capacity needs
Avianca reported a profit for the third quarter of 2023, as passenger demand remains strong following the demise of two domestic airlines, pushing the company’s results beyond figures in its original business plan.
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News
Embraer expects PW1000G work will triple revenues at Portuguese MRO provider OGMA
Embraer expects a massive revenue bump in the coming years for its Portuguese maintenance unit OGMA as it begins ramping up work on Pratt & Whitney (P&W) PW1000G geared turbofan (GTF) engines.
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News
Textron Aviation wins $100 million Pentagon contract to sell turboprops to foreign governments
The Foreign Military Sales agreement allows Textron Aviation, over five years, to deliver to overseas buyers aircraft including Cessna SkyCouriers, Grand Caravan EXs and Beechcraft King Airs.
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News
Embraer turns profitable in third quarter and sticks to 2023 aircraft-delivery goal
Embraer swung to profitability in the third quarter of 2023 and still expects to meet its full-year delivery and financial expectations despite a still-struggling supply chain.
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News
Embraer CEO sees US pilot shortage as ‘improving’
Embraer’s chief executive sees his company’s recent success selling regional jets to US carriers as signifying that a shortage of pilots is easing.
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News
Brazil’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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Newsletter
Why 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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News
LATAM 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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Interview
JetSmart 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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Newsletter
Why 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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News
Brazil’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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News
Mexico’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.