With demand for air travel practically vanishing due to the COVID-19 pandemic, airlines around the world are trying to find the best financial solutions to assure survival during the upcoming months. Generally, along with cash-preserving measures, this incurred in seeking help from governments. For Brazilian airlines, this was no different. Executives were outspoken about the gravity of the situation since traffic fell off the cliff. At the moment, the only measure the federal government has launched is a legal act…
Since the beginning of March, with the first cases of COVID-19 in Brazil, demand for domestic travel saw a dramatic and unprecedented drop. While the number of passengers and financial results were in a positive trend since 2019, airlines had to quickly react to this new scenario. To avoid a…
Like most large aviation markets around the world, Brazil was living within optimistic times at the start of 2020. Demand, as well as unit revenue. was growing at a healthy pace. However, the outbreak of the COVID-19 pandemic, along with the rise of confirmed cases in the country, heavily affected…
For a number of reasons, the Bolivian aviation market is a very peculiar one. While most of the South American countries are dominated by huge airlines or airline groups, the local scene has none of it. And there's an important factor in this equation: Boliviana de Aviación. Known simply as…
LATAM Airlines Group, Latin America's largest airline, presented its financial results of the fourth quarter and full year of 2019 last week. The group had its fourth consecutive year of positive results, registering a USD $190 million net income. This represents a reduction of 38.5 percent over the numbers of…
After a very pleasant flight from São Paulo to Madrid with Boliviana de Aviación and some hours of planespotting in Barajas Airport, it was time to return home. I was excited to see if BoA would maintain the good impression I had on the first few flights. OB777 MAD-VVI I…
The partnership between Delta Air Lines and LATAM Airlines Group, signed in September 2019, saw another important step announced this week. From April 1, frequent fliers of both carriers will count with reciprocity of miles earnings and redemptions. The reciprocity for Delta SkyMiles and LATAM Pass members will be valid…
As the saying goes, the best way to become a millionaire is by having a billion dollars and opening an airline. Aviation is a high-risk industry, with high costs and narrow margins. The risk of losing money is amplified in the regional markets. The low capacity brings costs per seat…
On the same day AirlineGeeks visited ASTA Linhas Aéreas' headquarters and hangar in Cuiabá, Brazil, the company started a new route -- a very welcomed coincidence. The new flight would connect the airline's base to Nova Mutum, a short 126-mile route. Nova Mutum is a city in central Mato Grosso…
Itapemirim Group, one of Brazil's largest passenger bus companies, is about to start up its own airline, named "Ita," backed by one of Abu Dhabi's sovereign wealth funds. The news was announced this week by the company owner, Sidnei Piva, to Folha de São Paulo newspaper. According to Piva, the…
