LATAM reports US$576 million in net income driven by 10.4% capacity growth and the strength of its business model
LATAM Airlines Group announced its financial results for the first quarter of the year, reporting an adjusted operating margin of 19.8% and net income of US$576 million. These results are driven by its business model, based on a differentiated value proposition for customers, operational excellence, and strong financial discipline, which provide the flexibility needed to […]
Passenger Growth Accelerates to 8% in April
The International Air Transport Association (IATA) released data for April 2025 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 8.0% compared to April 2024. Total capacity, measured in available seat kilometers (ASK), was up 6.5% year-on-year. The April load factor was 83.6% (+1.1 ppt compared to April […]
IATA makes available to the industry, free of charge, COVID-19 information related to passenger ticket taxes and charges
The International Air Transport Association (IATA) is making public the updates in its Ticket Tax Box Service (TTBS) related to COVID-19. As part of the efforts to support the industry during the COVID-19 crisis, IATA makes available to the Industry updated information on the reduction of rates, charges and other special payment conditions, which different […]
How Vancouver became China’s aviation hub to the West
There are few pop culture icons better known on both sides of the Pacific than Jackie Chan. The action-movie star’s work across US and Asian film made him an obvious choice to represent Hong Kong Airlines and fly on the airline’s first flight to North America. The Hong Kong-based airline — as its name suggests […]
