Boeing expects Latin American airlines to buy 2,610 airplanes, valued at $365 billion, through 2039, the company said in a statement. Boeing’s outlook Single-aisle commercial models will comprise 90% of the Latin American demand. This reflects the expansion of affordable…
Today, two news came to light: Volaris published its fourth-quarter financial results, and Grupo Aeromexico made the final withdraw of its Debtor-In-Possession Financing under the Chapter 11 bankruptcy process is currently involved. Volaris’ performance The ultra-low-cost Mexican carrier had total…
Grupo Aeromexico reported a net loss of 42.983 billion pesos (USD 2.1 billion) in 2020 due to the effects of the COVID-19 pandemic. The Mexican airline saw a 58.5% decline in the revenues that led it to file for a…
Copa Holdings reported a net loss of US$598.6 million during 2020 due to the COVID-19 pandemic. Excluding special items, the Panamanian carrier would have reported an operating loss of US$220.6 million for 2020, it said in a statement. A look…
The Mexican low-cost carrier Volaris is seeing a decline in demand for its first quarter of 2021 due to a combination of low seasonality and the US travel restrictions imposed on January 26. Let’s look at the figures In January,…
Aeromexico has been steadily reducing the size of its fleet in the last few months. It has already reduced from six aircraft types to five, following the exit of the Embraer E170 that operated with Aeromexico Connect. Aeromexico moved forward…