Category: Latin America

Is The Current Investment Climate in Aviation Favourable for New IPOs?

Being shocked by a number of bankruptcies, for around 7 years the global aviation industry had been subject to diminished enthusiasm from investors. However, since 2016, record-low aviation fuel prices have led to more green on the airlines’ balance sheets, growing cash flows in the market and an increasingly positive outlook on the future of […]

Air Transport Generates $9.6B in GDP, Supports 300,000 Jobs in Argentina

The International Air Transport Association (IATA) announced new data showing that aviation and aviation-induced tourism contribute $9.6 billion to Argentina’s economy and support 300,000 jobs, equivalent to 1.7% of the country’s GDP. The findings are among the highlights from “The Importance of Air Transport in Argentina’” study conducted by Oxford Economics on behalf of IATA. […]

Avior Airlines Boeing 737 Engine Shuts Down In Flight

An Avior Airlines Boeing 737-200, registration YV2937 performing flight 9V-1260 from Barcelona (Venezuela) to Guayaquil (Ecuador) with 81 passengers and 6 crew, was enroute at FL310 near Manta (Ecuador) when the right hand engine (JT8D) emitted several loud bangs causing the passenger oxygen masks to be released and prompting the crew to shut the engine […]

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

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 […]

IATA Urges Swift GASeP Implementation

The International Air Transport Association (IATA) urged the swift implementation by states of the first Global Aviation Security Plan (GASeP) which was established this week by the Council of the International Civil Aviation Organization (ICAO). “Flying is secure, but it is also clear that aviation faces security challenges. GASeP has the potential to strengthen security […]

Embraer Introduces Best-in-Class 5,800-feet Cabin Altitude

Embraer has announced the enhancement of the flight experience aboard its Legacy 450 and Legacy 500 mid-cabin business jets. The cabin altitude of these two revolutionary aircraft is already considered among the lowest on the market, but the maximum cabin altitude has been further reduced to a best-in-class 5,800 ft (1.768 m). “With our focus […]

This is Airbus Largest Single Announcement Ever

Airbus and Indigo Partners’ four portfolio airlines have signed a Memorandum of Understanding for the purchase by the four airlines of 430 additional A320neo Family aircraft. The aircraft will be allocated among the ultra low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary) upon the completion of final purchase agreements […]

Pilots Haven’t Ever Been Able to ‘Replay’ Their Landings, Until Now

Video of a recent landing in Sao Paolo went viral as an aircraft, billowed by gale force cross-winds, was forced to abort a landing attempt despite touching down on the runway with its rear wheels. Unfortunately, that video would be the only time the pilot operating that particular flight would be able to see himself land. […]

Sci-Fi Inspired Wearable Provides Hands-Free Solutions for MRO Workers

Billed as “an industry wearable Boba Fett would’ve loved,” the world’s first voice-controlled, head-mounted wearable is designed to free the hands of technicians and engineers in industrial environments. The RealWear HMT-1 can be worn with a helmet and safety glasses as it delivers computing power and remote collaboration functionality. RealWear credits part of the design’s […]

Airbus Reports Nine-Month 2017 Results

Airbus SE reported nine-month 2017 financial results and confirmed its guidance for the full year. “The strong backlog and a healthy market environment continue to support our commercial aircraft production ramp-up plans,” said Airbus Chief Executive Officer Tom Enders. “We confirm our outlook even though this year’s delivery schedule is extremely back-loaded, largely due to […]