All Latin America articles – Page 7
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NewsEmbraer and L3Harris join to offer ‘Agile Tanker’ to USAF
Brazilian airframer Embraer has partnered with US defence contractor L3Harris to offer a special “tactical tanker” version of its KC-390 military lifter to the US Air Force (USAF).
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News
Gol agrees to pay $41.5m to settle corruption charges: SEC
Brazil’s Gol Airlines will pay $41.5 million to US authorities stemming from corruption charges relating to violations of the US Foreign Corrupt Practices Act (FCPA) in 2012 and 2013.
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Brazil picks locally built H125s for helicopter trainer replacement
A total of 27 domestically assembled examples of the Airbus Helicopters light-single will be acquired for the navy and air force.
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Embraer picks OGMA as maintenance provider for Super Tucano customers
Embraer has appointed its Portuguese subsidiary OGMA as a service centre provider for the A-29 Super Tucano turboprop trainer and light-attack aircraft.
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Analysis
The two unusual phenomena faced by airlines as headwinds strengthen
IATA retains a positive industry outlook despite acknowledging a long list of industry headwinds – including a couple that are unfamiliar to the sector
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In depth
Airline Business Covid-19 recovery tracker: September 2022 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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Analysis
Embraer completes flight testing for C-390 firefighting variant
The Brazilian airframer has been navigating the flight certification process for a C-390 Millennium transport equipped with a firefighting system capable of carrying some 11,300 litres of water and retardant.
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News
Revised LATAM forecast predicts return to pre-crisis revenues next year
Latin American operator LATAM Airlines Group is expecting to exceed pre-crisis revenues next year, and has hiked annual cost-saving estimates to more than $1 billion, in a revised business outlook as it prepares to exit US Chapter 11 protection. Its new five-year forecast sees the operator’s revenues reaching nearly $11.5 ...
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In depth
Airline Business Index surges towards 2019 baseline as travel demand returns
The latest Airline Business Index shows the global airline industry’s progress towards its pre-Covid size accelerated rapidly during the second quarter of 2022, as revenues in particular surged alongside passenger numbers.
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News
Spanish operator picks up management deal for 11 more Brazilian airports
Spanish airports operator Aena has been granted the concession to operate 11 airports in Brazil, following a bidding process. Sao Paulo’s Congonhas airport is the primary facility, handling nearly 23 million passengers prior to the pandemic crisis. It also represents 85% of the activity of the overall concession, says Aena. ...
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News
Dominican Republic’s AraJet begins selling tickets for a 15 September launch
The Dominican Republic’s new low-cost carrier AraJet has begun selling tickets for a projected 15 September launch.
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News
Azul reports record Q2 revenue as cargo, corporate demand rise
Brazil’s Azul has posted record second-quarter revenue as it profited from increased demand for corporate travel and freighter services.
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News
LATAM benefits from easing of travel restrictions in Q2
LATAM Airlines Group benefited from increased passenger demand during the second quarter of 2022 as numerous Latin American countries relaxed travel restrictions, making travel easier than it has been for two years.
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News
Avianca seeks urgent integration of financially-pressured Viva
Colombian operator Avianca is seeking to accelerate closer ties with Latin American low-cost carrier Viva, in order to protect the budget airline. Avianca has requested authorisation from the Colombian civil aviation regulator to integrate Viva over concerns about Viva’s ability to compete in the face of increased financial pressures. Viva ...
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In depth
Airline Business Covid-19 recovery tracker: August 2022 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
Falling revenue, more deliveries and a growing backlog for Embraer in second quarter
The Brazilian jet manufacturer turned a $74 million profit during the second three months of the year, with its commercial backlog reaching new heights for the pandemic era.
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News
Copa Airlines boosts second-quarter revenue to $693m
Panama-based Copa Holdings, the parent of Copa Airlines, reported higher second-quarter profit and revenue amid a difficult operating environment.
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News
Vinci picks up near-30% share in major Mexican airports operator
Vinci Airports is to take over a near-30% share of Mexican airport operator OMA after affiliates of Fintech Advisory opted to sell their stakes in the company. OMA is the brand name for Grupo Aeroportuario del Centro Norte, which manages 13 international airport in the central and northern region of ...
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News
Ex-Azul A330 delivered ahead of KC-30 tanker conversion for Brazil
The Brazilian air force has taken delivery of its first of two Airbus A330-200s acquired for conversion into the airframer’s multi-role tanker transport configuration.
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News
Brazil starts talks for next Gripen batch, as Saab battles to extend Czech deal
Brazil has entered into discussions with Sweden for a second batch of Saab Gripen E/F combat aircraft, and also appears poised to complete an earlier top-up buy of the locally designated F-39.
