LATAM Airlines Group has released an updated Business Plan as part of its ongoing Chapter 11 bankruptcy proceedings in the United States. The airline expects total revenue to surpass pre-pandemic traffic levels by 2024, fueled by solid cargo income and…
Lufthansa Technik and Mexican cargo airline mas (formerly known as MasAir Cargo) have signed a comprehensive Total Component Support (TCS) contract covering the repair and overhaul of parts for mas’ Airbus A330F fleet. The new agreement governs the supply of…
On Tuesday, Brazilian airline GOL and Mercado Livre introduced the first of six Boeing 737-800BCF (Boeing Converted Freighter) expected to be received between 2022 and 2023. These new cargo planes will pivot GOL ’s new strategy to address the cargo…
Azul Linhas Aéreas, GOL Linhas Aéreas, and LATAM had a difficult first half of the year, fueled by a complex quarter for the Brazilian airlines due to rising costs, currency volatility, and economic uncertainty. Nonetheless, they also found hope in…
On Monday, Viva and Avianca released a statement announcing they are seeking a quick merger authorization from the Colombian civil aviation authorities, looking to address the “complex financial situation” of the ultra-low-cost carrier founded in 2012. If approved, this merger…
Copa Holdings, the company owner of Copa Airlines and Wingo, reported a US$143.8 million net profit in the first half of 2022 (US$124.1 million for the second quarter), fueled by higher yields, a strong demand environment in the region, and…