On November 30, the Chilean government issued Law No. 21392, a regulation that modifies the aeronautical code, which allows air tickets’ endorsement or transfer, as well as its full refund. The rule states that, as well as the endorsement or transfer and the full refund procedures, can be carried out…
Avianca — the Colombian airline which in May 2020 requested to file for bankruptcy in the U.S. for the second time in 20 years — announced today a new business move that will allow it to consolidate its operation in the domestic and international market. According to the Diario Financiero…
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…
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 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…
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…
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…
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…
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,…
