by Daniel Martínez Garbuno | Jun 1, 2021 | Airlines |
May is over, and the Latin American airlines in the region had ups and downs. There is some excellent news, as the launch of a new carrier in Brazil, but others are bad and will have a long-lasting impact on the region’s industry. Latin American airlines’ ups We will...
by Daniel Martínez Garbuno | May 18, 2021 | Airlines |
LATAM will expand its cargo fleet to 21 aircraft. The South American company plans to grow its cargo division by ten Boeing 767s in 2023, a 90 percent increase, it said in a statement on May 18. It is not a surprise to see LATAM take this chance to increase its...
by Daniel Martínez Garbuno | May 12, 2021 | Airlines |
LATAM had good news to start in 2021. While it had a US$430.9 million net loss during 2021’s first quarter, it increased its liquidity and adjusted its fleet to face the post-COVID world. LATAM’s financial performance came following a 61.2% decrease in total...
by Daniel Martínez Garbuno | May 7, 2021 | Airlines |
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,...
by Daniel Martínez Garbuno | May 5, 2021 | Airlines |
Today LATAM Airlines Group announced part of its sustainability strategy for the next three decades. Among the initiatives, it plans to have zero waste to landfill by 2027 and carbon neutral by 2050, the airline said. Additionally, the fleet renewal program is also a...
