The Brazilian carrier GOL has raised nearly US$200 million in new equity in the last quarter. Following the take-in of the Smiles minority interest (Smiles is GOL’s loyalty program, inherited from the extinct Varig airline), the Brazilian carrier announced today…
According to the International Air Transport Association (IATA), the Latin American cargo airlines aren’t picking up. These carriers have posted, month after month, the worst performance of all regions and are 32.7% below the pre-pandemic demand numbers. To understand this…
In the last few months, the military has been overtaking strategic posts within the Mexican Civil Aviation Authorities. The current Government is appointing present and former military men to run the civil aviation regulatory organizations in the country, leading to…
May is over, and the Latin American airlines in the region had ups and downs. There is some excellent news, as the launch of a new carrier in Brazil, but others are bad and will have a long-lasting impact on…
Today, the Federal Aviation Administration (FAA) announced that Mexico does not meet International Civil Aviation Organization (ICAO) safety standards. Based on its latest International Aviation Safety Assessment (IASA) process, the FAA has downgraded Mexico’s rating to Category 2 from Category…
Yesterday, Azul and LATAM announced the end of their domestic codeshare agreement. The move will be effective on August 22, 2021, a little over a year since they initially launched it as a way to boost their traffic during the…