Tag: Latin America

Copa Airlines
Copa Airlines Reports a Net Profit of US$28.1 million

Reading Time: < 1 minute During the second quarter of 2021, the Panamanian operator Copa Airlines reported a net profit of US$28.1 million. As the airline has only one domestic route and aviation is still severely affected by the pandemic, it is pretty surprising Copa managed to report a net profit. However, it should be taken into account that excluding […]

Boeing Predicts More Than 2,600 Aircraft Sales in Latin America By 2040

Reading Time: < 1 minute Boeing forecasts a rapid rebound in global aircraft sales, predominantly in Latin America and the Caribbean, once the pandemic retreats. The company estimates carriers will need 2,610 new aircraft within the next 20 years. According to the manufacturer, there will be a 5.1%  growth in the airline traffic for Latin America and the Caribbean within […]

Aeromexico Files for Chapter 11 Bankruptcy in the US

Reading Time: < 1 minute Aeromexico has become the latest Latin American airline to face huge financial problems amid the crisis provoked by the coronavirus pandemic and begin restructuring under the Chapter 11 process. In order to secure future and emerge as a stronger player, the airline announced that it is utilizing the Chapter 11 process, which allows companies to […]

Gulfstream G600 To Make Latin American Debut At LABACE

Reading Time: < 1 minute Gulfstream Aerospace Corp.’s next aircraft to be certified, the award-winning Gulfstream G600, will make its Latin American debut as part of the company’s static display at the upcoming Latin American Business Aviation Conference & Exhibition (LABACE) in São Paulo. More than 205 Gulfstream aircraft are based in Latin America; nearly 70 percent are large-cabin models […]

EU Strengthens Civil Aviation Ties With Latin America and the Caribbean

Reading Time: < 1 minute The European Union and Latin American states celebrated yesterday the launch of a new project to enhance their ties in civil aviation. This four-year project, managed by the European Aviation Safety Agency (EASA),aims to enhance aviation safety, and promote the political, economic and environmental partnership between the EU and Latin America in the domain of […]

Brazilian Unions Fear Result of Embraer-Boeing Tie-up

Reading Time: < 1 minute Political tensions arising from talks taking place between Embraer and Boeing are rising further as labor union leaders have accused the Brazilian government of colluding behind the backs of Brazilians. At Monday’s Senate hearing Herbert Claros da Silva, vice president of the metalworkers union of Sao Jose dos Campos said that: “We are being left […]

Qatar Airways and Iberia Expand Codeshare Partnership

Reading Time: 2 minutes Qatar Airways and Iberia are pleased to announce the expansion of their codeshare partnership, offering Iberia customers increased connectivity to destinations across the Middle East and Asia, as well as providing enhanced accessibility for Qatar Airways passengers to key destinations across Latin America, including Brazil, Colombia, Uruguay and Panama. Further strengthening the airline’s codeshare partnership […]

Bombardier Predicts Latin America’s 60-to-150-seat Aircraft Fleet Will Double

Reading Time: < 1 minute Bombardier Commercial Aircraft’s Market Forecast 2017-2036 for Latin America predicts that overall traffic is expected to grow 5.1% annually and intra-regional traffic to grow slightly more than the world average at 5.6% annually over the next 20 years. Total deliveries in the 60- to 150-seat marked segment to Latin America are expected to number 1,050 […]

Low-Cost Market In Latin America: How Chilean Sky Airline Jumped Aboard

Reading Time: 2 minutes That took a while. The arrival of the low-cost model in Latin America has been a slow process. The reason? Well, quite a few. Long distances for starters. Culture, high aeronautical taxes and charges that impact every operator’s bottom-line and the lack of a solid competing means of transportation, within others. Mexico, Brazil and Colombia […]

The FBO Market in South America

Reading Time: 2 minutes At a global scale FBOs are all about time and cost efficiency, swiftness and comfort. But while in the US and UK markets the competition within different FBOs is heavily determined by the price of fuel, in South America other separately priced services, including fuel, generate a rather compelling mix of variables before clients can […]