The summary per the airline states: Net loss of $231 million, or $0.39 loss per diluted share Net loss, excluding special items, of $218 million, or $0.36 loss per diluted share Record first quarter operating revenues of $6.3 billion Liquidity of $11.5 billion, well in excess of debt…
Ending years of speculation, IndiGo, the Delhi-based low-cost airline, on Thursday placed a firm order for 30 A350-900 aircraft and has “purchase rights” for an additional 70 A350 family aircraft at its discretion for possible future needs under certain conditions.…
Officials inked a cooperation agreement to enhance air connectivity between Argentina and Chile. The signing occurred during a high-level meeting at the San Martín Palace in Buenos Aires, attended by key transportation authorities from both nations. Argentine Transport Secretary Franco…
In a recent internal communication, Fabián Lombardo , President of Aerolíneas Argentinas, alerted the airline’s employees to make “tough decisions” as the company faces an ongoing crisis. While the specifics of these upcoming measures were not disclosed, Lombardo was clear…
Frederico Pedreira, CEO of Avianca, shared his insights into the airline’s operational strategies, financial performance, customer engagement efforts, and leadership philosophies. Pedreira’s comprehensive approach outlines a future where sustainability, growth, and customer satisfaction are at the forefront of Avianca’s mission.…
“Our goal is to attract more passengers to the system, but how can I do that when taxes are half of the fare?“. A major Low-Cost executive abandons its ever-present diplomacy for a moment and briefly shows its anger. He’s…