IATA Releases SAF Accounting and Reporting Methodology
The International Air Transport Association (IATA) released its methodology for accounting and reporting the emissions reduction associated with the use of Sustainable Aviation Fuel (SAF) by airlines. SAF is an essential component of airline plans to achieve net zero carbon emissions by 2050. The IATA methodology fulfils the critical need to ensure that SAF’s contribution to aviation’s […]
Azul concludes negotiations worth over US$ 2.4 billion with its bondholders, lessors and OEMs
Azul, the largest airline in Brazil in terms of destinations served and daily flights, announced this Tuesday the conclusion of the negotiation process with its bondholders, lessors and aircraft manufacturers, resulting in the elimination of over US$ 2.1 billion in debt and financial obligations from the company’s balance sheet. This is the result of the […]
Lufthansa Group strengthens wet lease partnership with airBaltic
Lufthansa Group has signed an agreement to receive a convertible share representing a 10 per cent stake of the Latvian state airline airBaltic which will be issued at a subscription price of 14 million euros. Additionally, Lufthansa Group will receive a seat in the airBaltic Supervisory Board. The convertible share will be changed into ordinary […]
Global Air Cargo Demand Achieves Record Growth in 2024
The International Air Transport Association (IATA) released data for full year 2024 and December 2024 global air cargo market performance showing: Full-year demand for 2024, measured in cargo tonne-kilometers (CTK), increased 11.3% (12.2% for international operations) compared to 2023. Full-year 2024 demand exceeded the record volumes set in 2021. Full-year capacity in 2024, measured in […]
airBaltic and SUA Líneas Aéreas Enter a Strategic Partnership in Latin America
The Latvian national airline airBaltic and SUA Líneas Aéreas, a new Latin American startup airline, have entered a strategic partnership. As part of the agreement, airBaltic plans to wet lease up to five of its Airbus A220-300 aircraft to SUA starting October 2025, as well as to support SUA in such areas as operational set-up, […]
JetSMART will reduce 2% fuel consumption per flight with Digital Winglets
During the International Day for the Reduction of CO2 Emissions, the South American Ultra Low-Cost Carrier, JetSMART, and aviation software technology firm, APiJET, announced the first commercial implementation of Digital Winglets in Latin America. Digital Winglets is a flight path optimization (FPO) solution that builds on Traffic Aware Strategic Aircrew Requests (TASAR), a technology developed […]
Puerto Rico and Iberia renew their promotional agreement at FITUR 2025
Puerto Rico Governor Jenniffer González, Puerto Rico Tourism Company Executive Director Willianette Robles and Iberia President Marco Sansavini today renewed the promotional agreement between the Government of Puerto Rico and the leading airline between Europe and Latin America during work on the Puerto Rico exhibit at FITUR 2025. The renewal of this agreement represents an […]
Dominican Carrier Arajet Builds Caribbean Network, Eyes Cuba Flights
LCC Arajet is continuing to develop a network in the Caribbean, with plans for more expansion in the region, according to the Dominican Republic airline. The carrier, founded in 2022, aims to make the Dominican Republic a major South America-North America connecting point, utilizing both Las Americas International Airport (SDQ) in the capital Santo Domingo […]
Sabre and JetSMART sign long-term distribution agreement to expand reach and grow revenue
Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, has signed a multi-year distribution agreement with JetSMART, an ultra-low fare airline connecting millions of passengers across South America. Through this new partnership, JetSMART will distribute its flights, offers, and services through a broad network of travel agents globally. Sabre-connected agents will be able to […]
Iberia launches ‘Háblalo’, an app to remove communication barriers
Iberia continues to take steps to advance sustainability and innovation as strategic projects of the company. The airline has just launched ‘Háblalo Iberia’, a personalised app to improve the travel experience for people with communication difficulties. There are more than 500 million people in the world with some kind of obstacle to interacting and accessing […]
