As the industry forecasts a repressed demand for the months and years to come due to the recession caused by the COVID-19 pandemic, airlines have started to make creative use of their assets to maximize their cargo revenues, which are suffering less than passenger revenues. In Brazil, Azul, the third-largest airline of the country, has had a jumpstart by owning a handful of Quick Change ATR 72-600s, that can be converted into a full-cargo configuration in a matter of hours.…
The economic effects of the COVID-19 pandemic have made its first airline casualty in Chile and the second in South America. One Airlines has announced the end of its operations. The company was a charter operator based in Santiago, mostly serving the mining companies in the northern part of the…
After a week of heated discussions in Argentina, LATAM Airlines Group has reiterated its decision to stop all operations of its Argentine branch LATAM Airlines Argentina as a "taken decision," as reported by local newspaper La Nación. The news comes after the local government met with the local management of…
Continuing its efforts to prepare for the post-pandemic world after its entry under Chapter 11 terms, LATAM Airlines Group has announced it is closing its branch in Argentina, LATAM Airlines Argentina. According to an official statement by the company, the ceasing will last indefinitely. Before the pandemic, LATAM Argentina (previously…
In a move that was unexpected by the market, Azul Linhas Aéreas and LATAM Airlines Brasil have announced a domestic codeshare agreement and a partnership between their frequent-flier programs, TudoAzul and LATAM Pass. The two are, respectively, the third and first airlines in Brazil by pre-COVID-19 domestic traffic, and plan…
The arrival of the COVID-19 pandemic in Brazil brought demand for air travel down by a previously unimaginable amount. If during the first two months of the year airlines were experiencing a very healthy demand scenario with solid financial numbers, the month of March was disastrous. And it was only…
After the initial shock caused by the arrival of COVID-19 in Brazil and the economic and social changes that were accordingly enacted, local airlines have started to take action against the longer-term effects of the economic crisis caused by the pandemic. As this includes the grounding of aircraft, capacity adjustments…
LATAM Airlines Group's recent Chapter 11 bankruptcy filing — precipitated by the need to restructure in the midst of the massive industry shock caused by COVID-19 — will likely affect the government bailout expected to go to its Brazilian branch, Reuters reported this Friday. According to the news agency, the bailout…
In the same week Brazil became the country with the second most confirmed cases of COVID-19 in the world, Azul Brazilian Airlines, GOL Airlines and LATAM, the country's three major airlines, have started to roll out their networks for June. Somewhat counterintuitively, the three reported a capacity increase compared to…
LATAM Airlines Group, the largest airline conglomerate in Latin America, announced it will lay off 1,400 workers from its branches in Chile, Colombia, Ecuador and Peru. The news was confirmed by the company on May 15, after Reuters released an internal video where LATAM CEO Roberto Alvo announced the measures…
