The Chilean ultra-low-cost carrier JetSMART (backed by Indigo Partners and American Airlines) announced on Tuesday its intentions to acquire 100% of the shares of the Colombian airline Viva Air. Today, JetSMART notified Viva Air of its interest in submitting an…
UPDATE – Spirit Airlines announced a $-270.7 million reported net loss for Q4 2022, which after excluding special items turns into a small $12.6 million profit. Full-year, the ultra-low-cost US airline wrote deep red numbers with a $-554.2 million reported…
Global passenger traffic has recovered in 2022 to 68.5 percent of pre-pandemic levels, up from 41.7 percent in 2021 . Domestic travel is back to 79.6 percent from 68.7 percent in the previous year. International revenue passenger kilometers (RPK) recovered…
The Mexican ultra-low-cost carrier Volaris fears the Mexican government could force a relocation to Mexico City’s new Felipe Ángeles International Airport (NLU) for passenger airlines. Last week, the government issued a decree forcing cargo operators to move to the new…
UPDATE – Norwegian has signed a Letter of Intent with Air Lease Corporation (ALC) to lease an additional six Boeing MAX 8s ahead of this summer season. The airline confirms to AirInsight that the aircraft are the six MAX 8s that…
Icelandair is pleased with the change of fortunes it experienced in 2022, which contributed to a drastic reduction in losses. The airline is bullish about 2023 as it sees a very strong recovery of capacity to Iceland this summer and…