GOL Emerges from United States Chapter 11 Process as a Stronger, More Competitive Airline
GOL Linhas Aéreas Inteligentes S.A. (B3: GOLL4) («Company» or «GOL»), a leading Brazilian airline, hereby announces that it has successfully completed the financial restructuring of the Company and its subsidiaries in accordance with the Chapter 11 of the U.S. Bankruptcy Code, and has emerged from the process overseen by the United States Bankruptcy Court for the Southern […]
Air Canada Inaugurates Flights to Porto
Air Canada’s inaugural flight from Montreal departed yesterday evening and arrived this morning in Porto, Portugal. «We are delighted to be returning to Porto, marking our newest Europe route this summer and second destination in Portugal,» said Mark Galardo, Executive Vice President & Chief Commercial Officer and President, Cargo. «We design routes like this one to appeal to our customers […]
‘Fundamentally wrong’ to treat air travel as a luxury, WestJet CEO says
The chief executive of WestJet Group says the federal government should not treat air travel as a luxury in a country as vast as Canada and reducing costs to the industry would help foster national unity. In a speech to a Calgary business audience, Alexis von Hoensbroech questioned why transport infrastructure like bridges, passenger rail […]
JetSMART Argentina Doubles Domestic Capacity and Becomes Second-Largest Airline in the Country
JetSMART Argentina has confirmed a major expansion of its domestic operations, managing to double its offered capacity in less than a year and solidifying its position as the country’s second-largest airline. The ultra-low-cost carrier now commands a 22% market share in available seats, surpassing Flybondi’s 16%, its closest competitor by segment and market share. The […]
IATA CO2 Connect Integrated into the Amadeus Travel Platform
The International Air Transport Association (IATA) and Amadeus are integrating flight-specific emissions data from IATA CO2 Connect in the Amadeus Travel Platform. This will allow airlines, travel agents, corporate travel managers, and online platforms that request IATA CO2 Connect data to provide travelers with a new source of trusted emissions data at the point of booking. IATA CO2 […]
$1.3 Billion in Airline Funds Blocked by Governments
The International Air Transport Association (IATA) reported that $1.3 billion in airline funds are blocked from repatriation by governments as of end April 2025. This is a significant amount, although it is an improvement of 25% compared with the $1.7 billion reported for October 2024. IATA urged governments to remove all barriers preventing airlines from […]
Luis Gallego Chairs IATA Board
The International Air Transport Association (IATA) announced that Luis Gallego, CEO of International Airlines Group (IAG), has assumed his duties as Chair of the IATA Board. His one-year term began at the conclusion of the 81st IATA Annual General Meeting in New Delhi, India, on 2 June 2025. Gallego is the 83rd Chair of the […]
Tax reform could slash air travel demand in Brazil by 30%, IATA says
Brazil has erected multiple barriers to the development of its aviation industry, said Peter Cerdá, regional vice president for the Americas at the International Air Transport Association (IATA). The effects are evident in the turbulence and restructurings within the sector, most recently seen with Azul’s Chapter 11 filing in the United States. A major concern […]
Airline Profitability to Strengthen Slightly in 2025 Despite Headwinds
The International Air Transport Association (IATA) announced updates to its 2025 airline industry financial outlook, showing improved profitability over 2024 and resilience in the face of global economic and political shifts. Highlights from the expected 2025 financial performance include: Net profits at $36.0 billion, improved from the $32.4 billion earned in 2024, but slightly down on […]
Southwest Airlines announces future partnership with China Airlines
Southwest Airlines Co. (NYSE: LUV) and China Airlines Group, a Taiwan-based carrier, are in discussions to create an interline partnership in early 2026, with published connections expected to go on sale later this year. Executive Leadership from both carriers met this week at the International Air Transport Association (IATA) 2025 Annual General Meeting (AGM) in […]
