Airline Business Index shows industry recovery stalling in Covid-hit start to 2022
The latest Airline Business Index shows the global airline industry’s progress towards its pre-Covid size stalled during the first quarter of 2022, as the Omicron variant of Covid-19 weighed on the performance of most markets.
Avianca Cargo to lease A321 freighters from US operator Global Crossing
Latin American operator Avianca is to capitalise on Airbus A321 converted freighter capability with an agreement to lease or charter up to five aircraft from Global Crossing Airlines Group.
How Western Air’s Sherrexcia Rolle helps the family business fly
For Sherrexcia Rolle, the path to the airline C-suite began as a child on Andros Island, helping out at the airport where her parents established the Bahamas’ now thriving Western Air.
IATA urges Latin American governments to dump Covid travel restrictions
Airline and aviation groups are calling on Latin American and Caribbean governments to ditch Covid-19-related travel restrictions, saying the region’s aviation industry cannot recover with restrictions in place.
Gol CEO Kakinoff to step down, Ferrer to take helm
Longtime Gol chief executive Paolo Kakinoff will step down from his post in July, with current chief operating officer Celso Ferrer to succeed him as CEO.
E175 operators ordered to check for tip cracks after winglet-loss incident
Brazilian authorities have ordered Embraer 175 operators to conduct urgent checks for wing-tip cracks, following the in-flight loss of a winglet on the variant.
Copa touts business model in the face of Abra challenge
Copa Airlines is confident it can overcome challenges the new tie-up between Avianca and Gol will present in Latin America, though the deal does create uncertainty about Copa’s planned joint venture with Avianca and United Airlines, Copa’s chief executive says.
Airline Business Podcast: Reining in the recovery and Chinese market reversal
Graham and Lewis discuss big airline expectations from the recent results season, alongside the operational challenges that threaten to limit the recovery and the uncertainty regarding what might follow.
Copa posts $20m profit in first quarter, warns of high jet fuel prices
Copa Holdings, the parent of Panama’s Copa Airlines, says the first quarter of 2022 was profitable, but higher jet fuel prices will weigh on earnings during the next few months.
LATAM sees ‘substantial improvement’ in quarterly results
LATAM Airlines Group reports “substantial improvement” in earnings during the first quarter of 2022, though market conditions remained challenging for the Chilean flag carrier.