Latin America’s airline apocalypse signals a future with weak competition

Bankrupt LATAM Airlines (LTM.SN) and Avianca Holdings AVT_p.CN are dramatically retrenching their once grand ambitions amid the COVID-19 pandemic, reducing competition in Latin America as they mull once-unthinkable cooperation with rivals. Since May, LATAM has exited Argentina, partnered with rival Azul SA (AZUL.N) in Brazil and cut back domestic operations in Chile, while Avianca has […]
ACI Latin America-Caribbean/World Annual General Assembly postponed

Airports Council International (ACI) Latin America-Caribbean and ACI World have today announced the postponement of its Annual General Assembly, Conference and Exhibition to November 2021. The event was originally planned for 7 to 11 November 2020 in Buenos Aires, Argentina, hosted by Aeropuertos Argentina 2000 (AA2000). The decision to postpone it was taken in response […]
Latin America Must Restart Air Travel by July to Avoid Bankruptcies: Trade Group

Latin American countries should quicken steps for airlines to renew domestic flights no later than July before more companies are forced to declare bankruptcy or close, a high-ranking official of the International Air Transport Association (IATA) said on Thursday. The trade group estimated losses for airlines in Latin America at $4 billion this year, with […]
OPINION: Spirit of cooperation is needed

COVID-19 has thrown aviation into survival mode overnight but the industry should use this crisis to learn from the past and find ways to improve in the future, according to IATA regional vice president for the Americas Peter Cerdá. The COVID-19 pandemic has had a devastating effect on the global aviation industry, but one region […]
American Airlines Partners with UNICEF to Provide Relief for COVID-19 Efforts in Latin America

As part of American’s ongoing relief efforts in support of the coronavirus (COVID-19) response, the airline is allocating $460,000 to support UNICEF’s relief work in Argentina, Brazil, Costa Rica, and Guatemala, helping address the needs of children and families by: Providing supplies to at-risk and affected communities, including water, sanitation & hygiene items, Personal Protective […]
IATA appeals to Latin American governments for coordination

Airline industry association IATA is calling on Latin American governments to harmonise plans to eventually restart air service and reopen borders, saying an uncoordinated effort will hinder the sector’s recovery. IATA, which represents 290 airlines or about 82% of total air traffic worldwide, says it has reached out to governments across the continent, appealing for […]
COVID19: Latin American airlines now dramatically cut capacity

The intensity of the COVID-19 coronavirus has upended the global airline industry, and now airlines in Latin America are starting to face the severity of the virus’ rapid spread. Airlines operating in the region are taking action that mirrors those of operators across the world, including slashing capacity to unheard-of levels. Copa is warning of […]
LATAM Cargo targets pharma and automotive with new Copenhagen freighter

LATAM Cargo has become the first cargo airline to offer a direct service between Scandinavia and Latin America by adding Copenhagen as a new destination to its network. The airline said the new weekly route cuts transit times by up to 48 hours by reducing the need for land transportation. The route will be operated […]
Iberia to add Latin American flights, more A350 routes

Iberia increases frequencies to six Latin American destinations Spanish flag carrier Iberia is boosting services from its Madrid Barajas hub to Latin America, and introducing additional Airbus A350 XWB routes to Buenos Aires Ezeiza (Argentina) and Chicago O’Hare (Illinois) in 2019. The International Airlines Group-owned carrier will increase capacity between Madrid and Montevideo (Uruguay) from […]
American Airlines Enhances 2019 Schedule

American Airlines serves more destinations in Mexico, the Caribbean and Latin America from the U.S. than any other carrier. And next summer, that list will grow even longer. American will add a sixth destination in Cuba with a new daily flight from Miami International Airport (MIA) to Antonio Maceo Airport (SCU) in Santiago de Cuba […]