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Boeing-Embraer Deal Receives Approval by Shareholders
After a series of court battles and a recent attempt to stop a shareholder’s meeting, the new strategic partnership between Boeing and Embraer was approved on Tuesday by Embraer’s shareholders during a shareholders meeting held at the company’s headquarters in Brazil. The result was 96.8 percent of all valid votes cast were in favor of […]
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LATAM Airlines Group Wants to Increase Ownership in LATAM Brasil
LATAM Airlines Group has requested authorization from the Administrative Council for Economic Defense (CADE) in Brazil to increase its stake in indirect shares of LATAM Airlines Brasil from 48.9 percent to 51 percent. Although a mere 2.1 percent increase, the move would give the group, based in Chile, a majority share in the Brazilian airline. […]
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Avianca Brasil Changes Leadership Amid Financial Crisis
In a new development to recover the airline from bankruptcy protection, Avianca Brasil changed its president. Frederico Pedreira, who will be leaving the company replaced by Jorge Vianna, a former vice-president of the company. Pedreira worked for the company for eight years in different executive positions and was responsible for its network expansion to Miami, New […]
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The Price is Right: How Airfare Works
Often we see passengers surprised with the fact that they are paying $700 for a 7 hours international flight and $500 for a 2 hours domestic flight. The average buyer tries to reason that an airline ticket price should be proportional to the duration of the flight. The confusion gets bigger when someone flies to […]
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An Outlook for the Brazilian Aviation Industry
The year in Brazil started with a new government promising significant changes in the way the country does business, including fighting criminality, restructuring government spending and promoting liberalism. In addition to potentially reforming the country, those measures will probably affect the economy and consequently, the aviation industry. If the new president is successful in his […]
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Opinion: When the Customer is Wrong
Two days ago, someone sent me a video of a woman screaming at a JetBlue gate agent at Fort Lauderdale-Hollywood International Airport. Although I’m a journalist, I’m also a former airline agent and have been a victim of angry passengers many times to a point of losing sleep and feeling frustrated with my job. I […]
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Avianca Crises in Brazil Urge Government to Allow 100 Percent Foreign Ownership of Airlines
After a series of events, Avianca Brazil, a subsidiary of Colombia’s Avianca and known in Brazil as former OceanAir, filed for the Brazilian equivalent of Chapter 11 bankruptcy on Dec. 10, 2018. The crises in the airline intensified after two aircraft leasing companies, BOC Aviation Limited and Constitution Aircraft Leasing, demanded in court the repossession […]
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Judge Overturns Decision after Attempt to Halt Boeing/Embraer Negotiations
A federal judge in São Paulo acted in favor of a class action moved by Brazilian congressman Paulo Pimenta and Carlos Zaratini from the worker’s party (PT) halting temporarily the merger of aircraft manufacturers Boeing and Embraer. According to the judge, the sentence was necessary to wait until the new president and the renovated congress […]
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United Airlines Expands Partnership with Copa and Avianca
United Airlines has reached an agreement with Latin America’s Copa Airlines and Avianca, in addition to many of Avianca’s affiliates, for a joint business agreement (JBA). Although pending government approval, the JBA is expected to provide substantial benefits for customers, communities and the marketplace for air travel between the United States and 19 countries in Central […]
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Azul and Copa Airlines Announce Codeshare Agreement
Azul Brazilian Airlines and Copa Airlines announced a codeshare agreement that will connect two large networks in Latin America. Now Copa customers can use Azul’s network in Brazil with 101 domestic destinations, 52 not served by any other airline and Azul clients can use Copa’s presence in many Latin America and Caribbean destinations. The benefits […]