Bill could impact airline industry in Brazil by R$ 5 billion a year
IATA, along with other air transport associations in Brazil, presented on Monday (Aug 9) a manifesto expressing our great concern with respect to Bill 2337/21, as it threatens the sector’s ability to recover after 2022. If passed, the bill will increase the tax burden for the airline industry by revoking tax regimes that currently align […]
IATA Warns Governments on High Cost of Testing
The International Air Transport Association (IATA) called on governments to take action to address the high cost of COVID-19 tests in many jurisdictions and urged flexibility in permitting the use of cost-effective antigen tests as an alternative to more expensive PCR tests. IATA also recommended governments adopt recent World Health Organization (WHO) guidance to consider […]
Ecuador Aviation: liberalising and courting LCCs
Growth among Ecuador"™s airlines has slowed during the last few years based on seat deployment as the country dipped into a recession during 2016. Even as it returned to positive economic growth in 2017, Ecuador"™s growth prospects remain below historical levels for 2018 and 2019. Ecuador"™s largest airline state-owned TAME has also cut its seat […]
Mexico City"™s new airport is an environmental disaster but it could become a huge national park
Mexico City long ago outgrew the two-terminal Benito Juárez International Airport, which is notorious for delays, overcrowding and canceled flights. Construction is now underway on a striking new international airport east of this metropolis of 20 million. When it opens in late 2020, the LEED-certified new airport "“ whose terminal building was designed by renowned […]
Airline Fees And Common Sense: Prohibiting Ancillary Charges Would Not Benefit Passengers
While few people like paying the various ancillary fees that most airlines assess in some way these days, virtually no one will like the ultimate outcome if the government were to prohibit or control them, which would be higher overall ticket prices and fewer flights. Fees added onto the actual cost of the ticket are […]
American, Delta And United Are World’s Most Valuable Airline Brands
A report from valuation and strategy consultancy Brand Finance on the world’s most valuable airline brands has revealed that US carriers American Airlines, Delta Air Lines and United are the most powerful, even though their values dropped in 2017. American Airlines is the world’s most valuable airline brand once again in 2018, despite its value […]
GOL announces operating profit of R$388 million in 4Q17, up 96% over 4Q16 and a quarterly record since 2011.
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil’s #1 airline, announces its consolidated results for the fourth quarter (4Q17). All information is presented in accordance with IFRS. Financial and Operational Highlights: Significantly improved operating indicators: for the quarter, RPKs increased by 8.0% (from 9.2 billion in 4Q16 to 9.9 billion in 4Q17), […]
IATA Airlines Financial Monitor – December 2017
We are pleased to send you herewith the December report of the Airlines Financial Monitor. Key points: The industry-wide EBIT profit margin remained broadly unchanged in Q3 relative to a year ago, at a robust 14.7% of revenues. A decline in the margin in the North American region was partly offset by increases elsewhere. Global […]
"No tenemos fronteras en el aire, pero continuamos con fronteras en tierra para poder ser una región más efectiva" Felipe De Oliveira- ALTA
"¢ "Las aerolíneas low cost son muy bienvenidas. Con más aerolíneas vamos a hacer llegar la magia de volar a más personas. Pero en esta Región no van a tener las ventajas que en otros lugares volando a aeropuertos secundarios, acá van a tener costos de aeropuertos y combustibles todas muy similare". (Noticias relacionadas: […]
Boeing, flydubai Sign Historic Deal for 225 737 MAX Airplanes
Boeing [NYSE: BA] and flydubai signed a landmark agreement today for 225 737 MAX airplanes with a list price value of $27 billion. The deal represents the largest-ever single-aisle jet order "“ by number of airplanes and total value "“ from a Middle East carrier. Signed at the 2017 Dubai Airshow in flydubai’s hometown, the […]
