LATAM Airlines would seek to create a low-cost airline

LATAM Airlines, the largest air transport group in Latin America, would be looking to create a new low-cost airline, amid the boom in flights in that segment. LATAM has been pressured by the entry into the market of «low cost» firms but had ruled out joining the model, despite applying certain of its rules on […]

Reuters: Boeing-Embraer proposal brings tie-up closer but not imminent

Embraer (ERJ -1.1%) pulls back following a Reuters report that its proposed tie-up with Boeing (BA +2.2%) that was submitted on Tuesday to Brazilian authorities has brought a deal closer but some issues still need to be ironed out. The companies still must define BA"™s final stake in a new joint venture containing ERJ"™s commercial […]

IATA bats for new international airport in Mexico

The International Air Transport Association (IATA) has pledged its strong support to construct a new international airport in the Mexico City that was launched in 2014, to replace Benito Juárez International Airport. "The current airport is bursting at the seams. It serves 47 million passengers, which is almost 50 percent higher than its design capacity […]

Brazil aviation: airlines expand international & domestic capacity

Brazil"™s three largest airlines are forecast to grow their domestic capacity in 2018 at varying degrees as demand in the country appears to be on a stable upswing, after plummeting during the country"™s recession that began in 2015. Azul, GOL and LATAM Airlines Brazil believe the country"™s domestic market is in a period of stabilisation, […]

Infrastructure, Costs Key to Harness Power of Aviation in Latin America

The International Air Transport Association (IATA) called on the governments of Latin America and the Caribbean to focus on infrastructure, costs and the region"™s regulatory framework. By concentrating on these areas, the economic and social benefits of aviation can be maximized while accommodating the region"™s expanding demand for air connectivity. Aviation already plays an important […]

Air Belgium to launch first service April 16

New Belgian airline, Air Belgium, will begin ticket sales April 3 for flights set to launch April 16. Initial flights will serve Hong Kong from the carrier"™s base at Brussels South Charleroi Airport. Later Air Belgium will fly to mainland China. Air Belgium is 49.995% owned by a company called Aviation Investment Holding NV., which […]

Changi Airports International’s Russia, Brazil airports clinch top accolades

CHANGI Airports International’s (CAI) airports in Russia and Brazil have been named best airports on both international and national platforms, which include Airports Council International (ACI) Airport Service Quality (ASQ) Awards, Routes Asia, OAG Aviation Worldwide and Skytrax. CAI’s Russian airports have won four awards with Sochi International Airport named the best airport by size […]

AAI, IATA sign pact to share new invoicing, e-data gathering tech

Airports Authority of India (AAI) and International Air Transport Association (IATA) entered into a Memorandum of Understanding (MoU) for capacity building initiative targeting its cutting edge technology SkyRev360, a Make in India initiative in strategic collaboration with IATA. The MoU was signed by AAI Board Member (Finance) S Suresh, and IATA Director General and CEO […]

Huawei Announces Strategic Partnership with IATA

At the Passenger Terminal EXPO 2018 in Stockholm, Huawei today announced it has joined the Strategic Partnerships Program of the International Air Transport Association (IATA). Through this Program, Huawei will use its advanced ICT innovations and expertise to help develop airports and airlines of the future, enhancing the passenger experience and optimizing air cargo operations. […]