Azul Reports May Traffic
Azul S.A., «Azul», (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of cities served, announces today its preliminary traffic results for May 2018. Consolidated passenger traffic (RPKs) increased 14.0% compared to May 2017 on a capacity increase (ASKs) of 13.5%. As a result, load factor was 80.1%, 0.3 percentage points higher than […]
Brazil domestic aviation: major airlines to weather pressures
Rising fuel costs and currency fluctuations are looming challenges for Brazilian airlines, but two of the country"™s largest airlines feel reasonably confident that they can weather those difficulties "“ in part, due to stable demand in the country. That demand and prudent capacity management should allow Brazilian airlines to drive revenue in order to offset […]
Brazil returns to uneasy calm as protests wind down
Brazil showed signs of returning to normal on Thursday as an oil workers union ended a strike ahead of schedule and an 11-day trucker protest wound down, a welcome breather for a government suffering from rock-bottom approval levels. Oil workers union FUP unexpectedly recommended on Thursday that members suspend a 72-hour strike they began on […]
US-Brazil open-skies deal enters into force
A long-awaited open-skies agreement between the USA and Brazil has entered into force, the US Department of Transportation (DOT) confirms to FlightGlobal. The deal took effect after an exchange of diplomatic notes between the two governments on 21 May, says the regulator. While an open-skies agreement was first signed in March 2011, the deal has […]
Azul Reports April Traffic
Azul S.A., «Azul», (B3: AZUL4, NYSE: AZUL), the largest airline in Brazil by number of cities served, announces today its preliminary traffic results for April 2018. Consolidated passenger traffic (RPKs) increased 17.2% compared to April 2017 on a capacity increase (ASKs) of 17.6%. As a result, load factor was 81.4%, 0.3 percentage points lower than […]
LATAM ‘positive’ on US-Brazil open-skies despite delay
LATAM Airlines Group says it is «positive» on US-Brazil open-skies falling into place, even as it acknowledges that it is still waiting for the deal to progress through government bureaucracy. While Brazil’s congress has cleared the open-skies deal, it has yet to receive presidential endorsement and is not officially ratified. «It’s more of a bureaucratic […]
Brazil’s Viracopos airport operator files for bankruptcy protection
A company set up to operator Brazil"™s Viracopos airport filed for protection from creditors on Monday, according to a securities filing, but assured that operations at the major cargo hub will remain normal. Aeroportos Brasil SA, which in 2012 won the concession for a 51 percent stake in the Viracopos airport, is jointly owned by […]
European airlines seek bigger piece of Latin American pie
Air France-KLM’s inauguration Thursday of a flight to a little developed corner of Brazil highlights European airlines’ attempt to bring the continents together, catching up with far more dominant routes between South and North America. Latin America is a fast-expanding destination, seeing 9.3 per cent growth in air travel last year, its biggest increase since […]
United Airlines raises stake in Brazilian airline Azul
United Airlines has more than doubled its shareholding in Brazilian carrier Azul from 3.7% to 8% for an undisclosed sum. The two airlines currently connect via gateways in Sao Paulo, Fort Lauderdale and Orlando, Florida. Passengers connecting in Brazil have access to the largest domestic network in the country, serving more than 100 cities. Azul […]
Boeing, Embraer near "˜marriage,"™ Brazil defense chief says
Boeing and Embraer are likely to reach a deal after months of talks, Brazil"™s new defense chief said, opening the door to the second alliance between major planemakers in six months. Negotiators "are getting closer" to an agreement, Defense Minister Joaquim Silva e Luna said in an interview Tuesday at a security trade show in […]
