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A SKY Airlines A321XLR mock-up (Photo: Airbus)

Chilean Low Cost Airline SKY Plans 2021 With Outsized Growth

Although the aviation industry in Latin America is still largely depressed by prevailing travel restrictions — especially in the international market — domestic traffic in Chile has been recovering in recent weeks as travelers are anxious to get back to the skies. Last year was the most difficult in at least a decade for the global and local aviation industry, with IATA estimating that industry-level losses were $118 billion for the year. Despite that, José Ignacio Dougnac, the CEO of…

South American Major Carriers Increase Domestic and International Capacity

Two of  South America's biggest airlines, LATAM, Avianca and Aeroméxico, have announced an increase of its domestic and international routes. As known, these carriers are facing debt structuring processes under Chapter 11 protection of the United States Code, but they are on continuous reactivation as the economy of the region…

LATAM Releases 2020 Results, COVID-19 Impact Remains

LATAM Airlines Group closed 2020 with $3 billion of available liquidity - $1.7 billion in available cash added to $1.3 billion in committed DIP financing line - in a year marked by travel restrictions and the sharp contraction in demand passengers due to COVID-19. The group implemented an important cost…

Three Main Latin American Carriers Reinforces Strategies to Protect Passengers

The main Latin American airlines LATAM, Avianca and Aeroméxico have announced campaigns to reinforce the safety and operational hygiene protocols offered to its passengers, all in line with the recommendations of international authorities. Aeroméxico Expands Agreements with Medical Laboratories Aeroméxico signed agreements with four medical laboratories, which will be added…

Jetsmart Receives Its First Aircraft with Sustainable Fuel

On Thursday, Jan. 28, the Chilean ultra-low-cost carrier JetSMART received a brand new Airbus A320neo aircraft loaded in an unprecedented way with BioFuel, an organic fuel that reduces the carbon footprint emitted by the aircraft by 80%. This new aircraft arrived at the Arturo Benitez International Airport in Santiago de…

More Than 600,000 Passengers Were Transported in Chile During November

The monthly report of the Chilean Civil Aeronautical Board shows that passenger statistics remain 69.8% below the 2019 rates, but ratify the progressive increase in passengers on national and international routes. In November, there was a 38.9% increase in passengers transported compared to October. 608,883 passengers were transported on national…

Chilean Carriers Release Projections for 2021 Operations

The airline industry has been immersed in the worst crisis in history as a result of the COVID-19 pandemic. But in recent months, with the gradual borders reopening and fewer restrictions due to the lifting of quarantines, airlines have gradually resumed their operations, although still far from normal. This Wednesday,…

Airlines Prepare to Increase Routes and Frequencies in Chile

After the gradual opening of borders since Monday, until 15:00 (GMT-3) on Tuesday, a total of 3,983 passengers have entered to Chile through the Arturo Merino Benítez International Airport in Pudahuel, Santiago de Chile, of which 921 were tourists. As announced, From Nov. 23, foreigners are allowed to enter Chile…

The Current State of the Aviation Industry in Central and…

Aviation in Latin America has been seriously affected by the COVID-19 pandemic. The three main airlines in the region: LATAM, Avianca and Aeroméxico, have declared bankruptcy and filed for the Chapter 11 process in the U.S. Latin American governments have not given enough help to the aviation industry. In this…

SKY Airlines Plans to Issue $100 Million In Bonds, Go…

SKY, the Chilean airline owned by businessman Jürgen Paulmann, will look to the capital markets for an injection of resources that will allow the carrier to continue flying. For this, SKY Airlines plans to launch the issuance of bonds for up to $100 million. According to diariofinanciero, the airline has…