Category: Latin America

Rising Airline Industry’s Debt: Threat of Possible Failures

Reading Time: < 1 minute Financial aid and support to airlines is currently vitally important for the airlines, and the industry, to begin recovering after the pandemic. Airlines have received over $120 billion in financial assistance from governments.  Nevertheless, there are two sides of the same coin. With a financial help also grows the airline industry’s global debt. According to […]

Coronavirus Sends Another Airline into Bankruptcy: LATAM

Reading Time: < 1 minute Yet another major airline files for bankruptcy over collapse in demand and difficulties in financial survival: LATAM Airlines Group, the biggest airline in Latin America, has filed for Chapter 11 bankruptcy. The airline said in a statement that the process will not affect its operations, employees and cargo flights. “We are looking ahead to a […]

Airbus A380 and Boeing 747: Fate after the Crisis?

Reading Time: 4 minutes Would you agree that Airbus’ double-decker A380 and Boeing’s Queen of the Skies 747 are the icons of modern commercial aviation? At least to some extent. Identifiable contrails, distinctive engines’ sound and a breathtaking view of giants manoeuvring among other planes around the airport. Not to omit the detail that most of plane emojis, gifs […]

Coronavirus Crisis Drives Avianca to Bankruptcy

Reading Time: < 1 minute Avianca Holdings S.A., Colombia’s national carrier, has filed for Chapter 11 bankruptcy protection in the United States court. One of the oldest airlines in the world aims to reorganise its business to continue operations. According to a statement, the “filing was necessitated by the unforeseeable impact of the COVID-19 pandemic”. Although Avianca is the second […]

Empty ‘Middle Seat’ to Enhance Safety on Board: Yes or No?

Reading Time: 2 minutes Enhanced safety measures after air travel resumes are critically important to bring as many passengers back to safe flying as possible. To regain trust in safe air travel. A lot of airlines, including Air France, KLM, Lufthansa, have already made it mandatory to wear face coverings for both passengers and crew while being on board. […]

Boeing Terminates Long-Awaited Tie-up with Embraer

Reading Time: < 1 minute Boeing has announced that it aborts establishment of strategic partnership with Embraer and terminates its Master Transaction Agreement (MTA) with the Brazilian planemaker. In the joint venture related to Embraer’s commercial aircraft business under the “Boeing Brasil – Commercial” name, Boeing was expected to own 80 percent of the new company, while Embraer should have […]

What Is the Difference Between Aircraft Parking and Storage?

Reading Time: 2 minutes In light of the crisis provoked by the coronavirus pandemic, airlines are dealing with not only unprecedented flight limitations on the global scale, but also with major aircraft grounding issues. Some companies are saying they are parking their planes, some are reporting about putting their planes in storage. What is the difference? Which one suits […]

Quick Look Through 2019 Safety Report Released by IATA

Reading Time: < 1 minute The International Air Transport Association (IATA) has finally released the 2019 Safety Report looking into aircraft accidents and the number of fatalities during the last year. In total, in 2019 there were 53 accidents resulting in 1.13 accident rate or 1 accident every 884,000 flights. Eight accidents out of 53 were deadly ones involving 4 […]

Airlines May Burn Through $61 Billion Cash Reserves in Q2

Reading Time: < 1 minute The International Air Transport Association (IATA) is further estimating the losses global airlines will suffer due to grave impact of the coronavirus on air travel. According to the recent analysis, airlines may collectively burn through $61 billion of their cash reserves during the second quarter of 2020, where quarterly net loss could result in $39 […]

Embraer Phenom 300E Achieves Triple-Certification

Reading Time: < 1 minute Good news from Embraer Executive Jets. The new Phenom 300E, the advanced version of the Phenom 300 light jet series, was granted triple Type Certificate by ANAC, EASA and the FAA. The plane is equipped with upgraded avionics which include a runway overrun awareness and alerting system (ROAAS), predictive windshear, Emergency Descent Mode, PERF, TOLD, […]