Today, Boeing released its latest Commercial Market Outlook (CMO). The OEM expects that, until 2040, there will be 43,610 new deliveries worth US$7.2 trillion globally, with an annual 3.1% fleet growth. Meanwhile, Latin America’s new deliveries will outpace worldwide...
In the last few weeks, LATAM and Avianca have announced new agreements to increase the number of seats they can offer in the region. They’re doing it by adding more aircraft or refurbishing their current planes. Let’s analyze LATAM and Avianca’s strategies to...
So far, Mexico and Colombia drive the Latin American airline industry recovery, according to stats provided by the International Air Transport Association (IATA). These two countries remain the only ones fully open across the subcontinent. Looking at Mexico and...
Avianca starts 2021 with a $311 million net loss due to the impact of the COVID-19 pandemic. During the first quarter of the year, Avianca had total operating net revenues of US$371 million, a 60% drop compared to its pre-pandemic levels. Looking at Avianca’s finances...
