IATA’s Cerdá Says Safety Must Remain Number One Priority
The fatal midair collision involving an American Airlines flight and a U.S. Army helicopter near Ronald Reagan Washington National Airport (DCA) has served as a stark reminder of aviation’s fragility despite its strong safety record, according to Peter Cerdá, regional vice president for the Americas at IATA. Speaking at Routes Americas 2025 in Nassau and […]
Iberia offers a record number of seats available for this summer season
On 30 March, the summer season begins for the tourism sector, in which Iberia has planned a capacity increase in practically all markets. Particularly noteworthy are the routes to Latin America, where the Spanish airline is the undisputed leader with the largest number of destinations, 18 in 16 countries. In 2025, connectivity will be at […]
Volaris Reports January 2025 Traffic Results: Load Factor of 87%
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central and South America, reports its January 2025 preliminary traffic results. In January, Volaris’ ASM capacity increased by 4.7% year-over-year, while RPMs for the month grew by 2.9%. Mexican […]
LATAM Airlines Group closes a record-setting year with adjusted EBITDAR exceeding US$3.1 billion and net income of US$977 million, alongside strong capacity growth of 15.1%
LATAM Airlines Group ended the year 2024 with a positive operational and financial performance, reporting net income of US$977 million, almost double that of the previous year. Furthermore, LATAM group transported a record 82 million passengers and increased its consolidated capacity by 15.1% in 2024 compared to 2023, in line with the updated guidance published […]
Integration of ITA Airways into the Lufthansa Group has commenced
From the use of frequent flyer programs, moving of flight operations at airport terminals, lounge access, code sharing, coordinated European flight schedule – customers will already be able to see the benefits of the integration, shortly after the Lufthansa Group’s concluded participation in ITA Airways. At a press conference in Rome, Carsten Spohr, CEO of […]
IATA Releases SAF Accounting and Reporting Methodology
The International Air Transport Association (IATA) released its methodology for accounting and reporting the emissions reduction associated with the use of Sustainable Aviation Fuel (SAF) by airlines. SAF is an essential component of airline plans to achieve net zero carbon emissions by 2050. The IATA methodology fulfils the critical need to ensure that SAF’s contribution to aviation’s […]
Azul concludes negotiations worth over US$ 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, […]
