Aeromexico files amended restructuring plan
Mexican carrier Aeromexico has filed an amended reorganisation plan with a US bankruptcy court that includes a proposal to give lead lender Apollo Global Management an equity stake.
LATAM details $8.19bn financing plan to support Chapter 11 exit
Latin American operator LATAM Airlines Group has submitted its re-organisation plan to support the company’s exit from Chapter 11 bankruptcy protection.
How Afghanistan’s fall reshaped World Air Forces inventory
Afghanistan returning to Taliban control saw its military aircraft inventory drop to zero and tested the international community’s ability to rescue at-risk civilians, during another busy year for defence.
Airline Business Index shows industry nearing three-quarters of pre-Covid size
The latest Airline Business Index shows the global airline industry is nearing three-quarters of its pre-Covid size, driven by rapidly returning passengers and revenue in the third quarter.
Copa to restore entire network in 2022
Copa Holdings, parent of Panama’s Copa Airlines, expects to restore the carrier’s full network next year as more countries discard coronavirus-driven travel restrictions and vaccination rates across Latin America inspire customers to travel.
Dominican Republic aviation regulator approves 30 routes for AraJet
The civil aviation regulator of the Dominican Republic has approved 30 routes for DW Dominican Wings SA, which will fly under the new brand name AraJet, formerly Flycana, as the first low-cost carrier based in that country.
KC-390 ‘perfect’ for Middle East operations, Embraer boss says
Embraer’s defence unit is enjoying a busy Dubai air show, with Brazilian President Jair Bolsanaro among those to have received a tour of its KC-390 tanker/transport.
Embraer starts assembly of Hungary’s first KC-390 transport
The aircraft recently passed its critical design review and a ceremony was held at Embraer’s Gaviao Peixoto facility in Brazil to mark the start of production.
Azul CEO confirms interest in acquiring LATAM
Azul’s chief executive doubled down on comments he made last week about a potential acquisition of LATAM Airlines Group, pending the outcome of the Chilean airline’s bankruptcy protection process.
Azul ‘bullish’ about future booking and revenue trends
Brazil’s Azul Airlines is “bullish” about booking and revenue trends after its revenue increased almost 60% from the second to third quarters of 2021.