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With new decree, LATAM Airlines Brazil officially passes to Chilean hands

Posted By Tony Sanchez / Airlines / 0 Comments

February 20, 2019 Chile’s LATAM Airlines Group SA has asked Brazil’s antitrust regulator Cade to boost its voting stake in LATAM Airlines Brazil to 51 percent, formalizing a controlling interest in Brazil’s No. 2 airline that for years it was unable to achieve because of local restrictions. In December, Brazil’s then-President Michel Temer signed an […]

AirBridgeCargo signs up for special services

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February 20, 2019 Russian freighter operator AirBridgeCargo Airlines has signed a leasing agreement with Lufthansa Group’s ULD management arm Jettainer for the short-term provision of units for special cargoes. It will give AirBridgeCargo access to the Jettainer fleet including horse stalls, car racks, and other pallets or containers. Jettainer has developed a JettLease product that […]

Cargo contributes to Cathay turnaround

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February 20, 2019 Cathay Pacific Airways says that it expects a consolidated profit of about HK$2.3 billion for the year ending 31 December 2018, compared to a of HK$1,259 million in 2017. It partly attributed the turnaround to a strong cargo business with increased capacity, yield and load factors increased. The company’s transformation program also […]

Pilots union rains on Atlas Air’s parade

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February 20, 2019 The Teamsters Union, which represents Atlas Air and Southern Air pilots who fly for DHL and Amazon Air, is warning investors not to believe the positive spin put out by the parent company in its latest financial results. In an open letter to investors, it says that many pilots are leaving the […]

Emirates to add Porto flights in July

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February 19, 2019 Emirates is launch a four times weekly service between Portugal’s second largest city, Porto, and Dubai from 2 July. The flight will be operated by a Boeing 777-300ER aircraft, departing Dubai on Tuesday, Thursday, Saturday and Sunday at 0915 and arriving in Porto at 1430. The return flight will depart Porto at […]

Boeing is latest addition to the Lufthansa family

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February 19, 2019 A brand-new Boeing 777F joined the Lufthansa Cargo fleet on the morning of 19 February when it landed at Frankfurt Airport on its delivery flight from the US. The latest addition to the fleet is the carrier’s sixth Boeing 777F. Chief operations officer, Harald Gloy, declared: “This aircraft is the quietest and […]

Abu Dhabi’s Etihad Airways restructures Airbus, Boeing jet orders

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February 14, 2019 Etihad Airways said on Thursday it has agreed with Airbus and Boeing to restructure a “large portion” of its orders, in what appeared to be a major cut in long-haul jet orders. The Abu Dhabi-owned airline said in a statement that it has committed to take delivery of five Airbus A350-1000s and […]

Copa Airlines expects Brazil, Argentina markets to remain weak in 2019

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February 14, 2019 Panama’s Copa Holdings said on Thursday it expects Argentina and Brazil, two of its largest markets, to remain weak in 2019. Executives said in a conference call with analysts that ticket sales in Argentina had dropped by 40 percent in 2018, as the South American nation faced a deep recession. Source: (Reuters)

Singapore Airlines third-quarter profit falls 27 percent but demand grows

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February 14, 2019 Singapore Airlines Ltd on Thursday reported a 27 percent fall in third-quarter net profit but beat expectations as revenue growth helped offset higher fuel costs. The airline is in the second year of a three-year transformation plan designed to cut costs and boost revenue to better compete against Chinese, Middle Eastern and […]

EU clears Air France-KLM, Delta, Virgin group deal over Virgin Atlantic

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February 13, 2019 EU antitrust regulators on Tuesday cleared Air France-KLM, Delta Air Lines and Virgin Group to acquire joint control over Virgin Atlantic, saying they did not see any competition concerns. The deal involves Air France-KLM buying 31 percent of Virgin Atlantic from Richard Branson’s Virgin Group, giving it joint control of the airline […]