In an effort to improve its profitability, achieve a more efficient capital structure and reducing the current levels of indebtedness, Avianca Holdings reached an agreement with Airbus to reduce the number of aircraft deliveries scheduled for 2016, 2017, 2018 and 2019. The agreement with the European aircraft manufacturer represents a CapEx reduction of approximately USD1.4 … Read more
Cayman Airways has received approval from the Cayman Islands Government to proceed with its Fleet Modernization Plan. This plan will commence in the fourth quarter of this year and will see the airline’s current fleet of 122-seat Boeing 737-300 aircraft fully retired and replaced with new Boeing 737-8Max aircraft, by 2020. “This government is delighted … Read more
LATAM Airlines Group has announced the creation of a new, single brand for its cargo affiliates. The LATAM Cargo brand will unite LAN CARGO, TAM Cargo, LAN CARGO Colombia and Mas Air, becoming the largest cargo airline group in Latin America. The move is part of LATAM Airlines Group’s identity consolidation process. With 140 destinations … Read more
The Board of Directors of Avianca Holdings S.A. and Aerovias del Continente Americano S.A. Avianca appointed Mr. Hernan Rincón as Chief Executive Officer for both Companies. The Chief Executive Officer will take over the new role on Monday, April 4th. Mr. Rincón, who was previously CEO for Microsoft Latin America, will replace Alvaro Jaramillo Buitrago, … Read more
InselAir will restart its non-stop Medellin–Aruba flights as a result of the increased demand, fuelled by the removal of the visa requirement for Colombians
Share Tweet Share Share Email InselAir will restart its non-stop Medellin – Aruba flights because of the increasing demand in both markets. Demand has increased due to the removal of the visa requirement for Colombians in combination with the start of high season. Flights will be operated by a Fokker 70 type of aircraft on … Read more
Embraer today took a step in the consolidation of its leadership by presenting the E190-E2, the first E2 jet, Embraer´s second generation of the E-Jets family of commercial aircraft. The aircraft´s maiden flight is scheduled for the second half of 2016, with entry into service scheduled for 2018. The ceremony was held at the Company´s … Read more
Share Tweet Share Share Email Comments Silver Airways and Azul Brazilian Airlines signed a new interline ticketing partnership. Under the agreement, travelers are now able to purchase a single ticket for flights to and from the more than 90 cities that Azul serves throughout Brazil, and to Silver Airways’ destinations throughout Florida and the Bahamas. … Read more
interCaribbean Airways announced the launch of a new nonstop service to Havana’s Jose Martí International Airport (HAV), from Providenciales (PLS), Turks & Caicos Islands, commencing on May 3, 2016. With this new nonstop service to Havana from Providenciales, as well as connections from numerous cities in the Caribbean, interCaribbean makes the journey to Cuba, the fastest … Read more
Avianca Holdings S.A. has announced the appointment of Mr. Álvaro Jaramillo Buitrago as interim Chief Executive Officer (CEO), until the Company finishes the recruitment process -currently in its final stage- to formalize the appointment of the new CEO. Mr. Jaramillo replaces Mr. Fabio Villegas Ramirez whose tenure as Chief Executive Officer ended on January 17, … Read more