The Latin American airline industry has had the fastest recovery from the COVID-19 pandemic worldwide. According to data released by the International Air Transport Association (IATA), the region has recovered around 75% of its RPK compared to 2019 levels (the…
The Latin American aviation market in March had five main stories: Aeromexico’s Chapter 11, LATAM’s Chapter 11, Avianca’s Airbus order book, Chile’s new terminal in Santiago de Chile, and Mexico’s new airport in Mexico City. Let’s take a look at…
Let’s look at the financial results of LATAM Airlines Group in 2021. Overall, the airline group had total revenues worth US$5,011.3 million during 2021, a 51.0% decrease compared to 2019 due to the heavy impact of the COVID-19 pandemic and…
Today, Virgin Atlantic and LATAM Brazil launched a codeshare agreement. Both airlines are looking to increase their connectivity, giving Virgin’s customers more destinations across Brazil and LATAM travelers more options from Heathrow International Airport. The codeshare agreement will officially begin…
On January 11, the Mexican carrier Aeromexico got the approval of its restructuring plan from creditors. This approval will allow the airline to take one step closer to exiting Chapter 11 bankruptcy proceedings in the United States. Subscriber content –…
Delta Airlines has announced equity stake changes in LATAM and Aeromexico, two Latin American carriers currently under the Chapter 11 bankruptcy process. Delta will see its equity stakes in both airlines dilute due to the reorganization process. The US carrier will…