Aerolíneas Argentinas has reported a loss of $326 million during the first quarter of 2024, despite achieving a total income of $1.64 billion. The financial results highlight the challenges the airline continues to face in a volatile global aviation market.
Aerolineas Argentinas and Saudia, the national airlines of Argentina and Saudi Arabia, have finalized a codeshare agreement to strengthen air travel connectivity between the two countries. This partnership represents a significant milestone in expanding travel options and fostering closer economic and cultural ties between the two regions.
Flybondi, a low-cost airline based in Argentina, has announced plans to expand its fleet for the summer season by adding two wet-leased A320 aircraft, registered in Lithuania. These aircraft will operate between November 2024 and March 2025, boosting Flybondi’s capacity to meet the heightened demand during the peak travel season. With this addition, Flybondi’s fleet size will increase to 19 aircraft.
Argentina and the Titan Consortium (US) have reached a final settlement in the Aerolíneas Argentinas expropriation case, concluding a long-standing dispute over the airline’s nationalization. Under the terms of the agreement, Argentina is required to pay $389.5 million, which includes accumulated interest, as compensation to the Titan Consortium. This ruling brings closure to a significant legal and financial case concerning…
Rumors have surfaced regarding Aerolíneas Argentinas potentially being acquired by a consortium involving Delta Air Lines from the United States and Avianca of Colombia. The Argentine government, which holds a stake in Aerolíneas Argentinas, is reportedly weighing a purchase proposal put forth by the two airlines, suggesting potential international expansion for the Argentine carrier under new ownership. This rumored deal,…
Aerolineas Argentinas, Argentina’s national carrier, is at risk of closure as the government, led by Javier Milei, has proposed a privatization process to address the airline’s financial struggles. This privatization plan is seen as a critical measure to ensure the airline’s sustainability, but it has encountered resistance from employees and unions concerned about job security and potential changes…
JetSMART, a low-cost airline based in Chile, is set to expand its fleet by adding its 11th aircraft in November 2024. This addition will support the airline’s increasing operational demands and solidify its presence in South America’s competitive budget aviation market. Alongside this expansion, JetSMART has initiated the certification process for the Airbus A321 in Argentina, marking a strategic step to…
Aerolineas Argentinas has announced plans to retire a significant portion of its Boeing 737-700 fleet starting in January 2025, with the process expected to span 12 months. This decision comes as several leasing contracts for these aircraft approach their expiration. The retirement plan will impact multiple 737-700s, marking a shift in Aerolineas Argentinas’ fleet strategy as the airline looks…
Argentina and Mexico have signed an open skies agreement, marking a milestone in bilateral cooperation and expanding air connectivity between the two countries. This agreement allows airlines to operate flights without restrictions on frequency or destinations, fostering tourism and trade growth.
In preparation for the upcoming high-demand season, Argentine low-cost airline Flybondi has announced the wet lease of two Boeing 737 aircraft from Spanish operators. This strategic move aims to bolster Flybondi’s operational capacity and ensure seamless service during peak travel periods.
