GOL is growing aggressively – why?
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American makes strategic investment in JetSMART
American Airlines and Chilean carrier JetSMART have signed a letter of intent on a new partnership. Both airlines plan to create “the broadest and most rewarding network in the Americas”, they have announced on July 29. Moreover, American will take…
Mexico and Colombia drive Latin American recovery
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 Colombia’s…
GOL Has Raised Nearly US$200 Million In New Equity Capital
The Brazilian carrier GOL has raised nearly US$200 million in new equity in the last quarter. Following the take-in of the Smiles minority interest (Smiles is GOL’s loyalty program, inherited from the extinct Varig airline), the Brazilian carrier announced today…
Brazil Airlines Present 2021 Financial Results
The 1Q21 was rough for carriers like GOL and Azul Linhas Aereas. In the past weeks, Brazil airlines presented their financial results. They operated amid the second wave of COVID-19 infections throughout the South American giant, which crippled demand. Nevertheless,…
Glitch spoils smooth return to service MAX (update)
The smooth re-entry into service of the Boeing MAX 8 and 9 has hit a hick-up on April 9, when Boeing advised sixteen operators to address “a potential electrical issue” in a specific group of aircraft. Correcting the issue could…