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The Brazilian carrier GOL Linhas Aéreas delivered its highest second quarter revenue this year, earning 4.1 billion reais (about $836 million). The airline reached approximately 91% of pre-pandemic capacity while maintaining a disciplined approach to cost controls that continued to…
LATAM Airlines Group recorded a net income of $267 million for the first half of the year, according to the financial results reported today to the United States Securities and Exchange Commission (SEC). During the first half of 2023, LATAM…
The US Department of Transportation (DOT) paused the review of Allegiant Air and Viva Aerobus’ Joint Venture review for antitrust immunity until further notice after the Mexican government failed to grant a fully liberalized air transport agreement between both countries.…
The Mexican ultra-low-cost carrier Volaris released the financial results for the first half of 2023 this week. Volaris posted total operating revenues worth $1.5 billion and had total operating expenses of $1.49 billion. How did Volaris do? The Mexican carrier…
On Tuesday, Ethos Asset Management Inc., USA, announced a new long-term financing partnership with Transportes Aéreos Regionales (TAR Aerolíneas ), a regional Mexican carrier with a fleet of nine Embraer E145LR aircraft operating to 18 domestic destinations and having charter…