The carriers in the Latin America region have published their latest financial results, and we have three operators that had back-to-back net profits. Nevertheless, the majority of the airlines flying south of Río Grande continue to struggle due to the impact of the...
On day 1 of the Dubai Airshow, Indigo Partners stole the show by going shopping big again. The investment fund announced an order for 255 Airbus A321neo’s and XLRs, including several going to Volaris and JetSMART in Mexico and Chile. With this order, Airbus improves...
During the 2021 third quarter, LATAM lost $691.9 million due to the impact of the COVID-19 pandemic, plus the increase in costs associated with aircraft maintenance, and one-off impacts, said the carrier in a statement. Despite the loss, LATAM believes it is...
Does Azul really want LATAM? That’s the question we all had this week after Azul’s CEO, John Rodgerson, said the company is ready to make an offer if LATAM creditors fail to agree on a restructuring plan. What’s going on here? Azul has been pointing out its interest...
Yesterday, the US Court approved Avianca’s reorganization plan, setting up everything for the airline to have a successfully complete reorganization and emerge from Chapter 11 before the year ends. Avianca’s Chapter 11 goes forward Avianca is the first among the...
