Hernan Rincon, Avianca"s executive President and CEO presides ALTA"s executive committee
The Latin American Air Transportation Association, ALTA, appointed Hernan Rincon, current Executive President and CEO of Avianca, as new President of the Executive Committee of that organization. The appointment of Avianca»™s President as the leader of the guild that brings together the top executives of commercial aviation in the region was held within the framework […]
Alitalia: certified by Iata for baggage tracking Italian airline is the first in Europe to obtain certificate for compliance with IATA Resolution 753
Alitalia is the first airline in Europe to obtain the readiness certificate for compliance with IATA Resolution 753 for the airline"™s baggage handling operations at Rome Fiumicino hub. The Resolution aims at improving the traceability of checked baggage, ensuring a better service to passengers and further reducing baggage mishandling. The airline has obtained the certificate […]
LATAM adjusts fleet commitments in line with demand
LATAM Airlines Group has grown its fleet commitments for 2018 and 2019, responding to an improving demand environment. The Santiago-based airline group now expects fleet commitments of $716 million in 2018 and $1.19 billion in 2019, up from $701 million and $1.14 billion previously. LATAM plans to add 14 aircraft and remove 10 in 2018, […]
Buenos Aires Ezeiza on course to break 10 million this year: Aerolineas Argentinas still #1 carrier
Buenos Aires Ezeiza is Argentina"™s second busiest airport, after Buenos Aires Aeroparque, but it is the country"™s main international gateway. Its network of services (using OAG schedule data for w/c 17 November) currently covers 48 destinations across 19 different countries. This increases to 60 destinations and 24 countries if one-stop services are included. The airport […]
Amedeo plans airline-for-hire service using its fleet of A380s
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Copa Holdings’ Margin Surges on Higher Passenger Demand
Copa Holdings (NYSE: CPA) — operator of Latin American airline Copa Airlines — recently reported third-quarter earnings that included strong year-over-year revenue growth and margin expansion. What was even more impressive was the fact that Copa put up those numbers in the face of hurricanes and an electrical failure at its primary hub in Panama […]
LATAM Airlines Group reports preliminary monthly statistics for October 2017
LATAM Airlines Group S.A. and its subsidiaries, ("LATAM Airlines Group" or "the Company") (NYSE: LTM / IPSA: LTM), the leading airline group in Latin America, today reported its preliminary monthly traffic statistics for October 2017 compared to October 2016. System passenger traffic increased by 4.2%, while capacity rose 2.7%. As a result, the Company"™s load […]
World-class passenger technology powers Cancun Airport’s new terminal
Flights are now operating at Terminal 4, Cancun International Airport, Mexico"™s newest airport terminal. The airport"™s operator, ASUR, has used innovative technologies from SITA, the global provider of IT to the world"™s airports, to ensure a great experience for the more than 21 million passengers that pass through the airport each year. Cancun International has […]
Global airline share prices up 1.7% in October, says IATA
The International Air Transport Association (IATA) in its October 2017 Airlines Financial Monitor said the initial financial data for Q3 point to a healthy industry EBIT margin of 16.3%, down only slightly on a year ago. In the report released yesterday, IATA said European airlines posted the widest profit margin on this occasion, overtaking their […]
September Passenger Demand Shows Hurricane Hit, Slowing Growth
The International Air Transport Association (IATA) announced global passenger traffic results for September showing that demand (measured in revenue passenger kilometers, or RPKs) rose 5.7% compared to the same month in 2016. This was the slowest year-on-year increase since February. Hurricanes Irma and Maria weighed heavily on the results, although growth already had been tapering. […]
