Viva, the low-cost carrier based in Mexico, has expanded its operational capacity with the delivery of five Airbus A320neo aircraft through a wet lease agreement with Sky Airline of Chile. The aircraft involved carry serial numbers 10034, 12320, 12325, 12319, and 12344.
LATAM Airlines Group, the largest airline holding company in Latin America, has received a series of credit rating upgrades from Fitch Ratings (US), reflecting improved financial performance and stronger fundamentals following its post-bankruptcy recovery. The agency affirmed a Positive Outlook across all categories.
The Board of Directors of LATAM Airlines Group, headquartered in Chile, has agreed to propose a substantial dividend payment totaling US$293 million, scheduled to be distributed on 22 April 2025.
Abra Group (UK) continues to express interest in SKY Airline (Chile), with the option to convert an existing loan into shares. This arrangement provides the Group with a potential future stake in the Chilean low-cost carrier, reinforcing its presence in the South American market.
Sky Airlines Peru has received authorization to operate in Argentina, including fifth freedom rights that allow the airline to transport passengers and cargo between Argentina and other countries, such as Brazil, Chile, Peru, and Uruguay. This marks a significant milestone in the airline’s regional expansion strategy.
American Jet (Argentina) has unveiled plans to establish a regional air hub in Santa Cruz, aiming to enhance connectivity within the province and with neighboring regions such as Patagonia and Chile. The new hub is expected to begin operations by mid-2025 and will play a pivotal role in improving air travel options for passengers in the region.
LATAM (Chile) has released its December 2024 traffic results, highlighting strong growth across key performance indicators. The airline reported an 11.5% increase in Revenue Passenger Kilometers (RPKs) and a 10.9% rise in Available Seat Kilometers (ASKs) compared to the same period last year.
LATAM Airlines Group, a leading airline group in Latin America, has announced the appointment of Ricardo Bottas Dourado as its new Chief Financial Officer (CFO). This strategic leadership change aims to strengthen the financial management and growth trajectory of the group as it navigates the dynamic aviation industry.
SKY Airline, based in Chile, and Air Europa, headquartered in Spain, have entered into an interline agreement, enabling seamless connectivity for passengers through key hubs in Madrid and Medellin. The partnership enhances travel options across Europe and Latin America, strengthening ties between the two regions.
LATAM Airlines, the leading carrier in Chile, has taken delivery of an Airbus A320neo, identified by serial number 12237. The aircraft, acquired on lease, is powered by Pratt & Whitney PW1127G-JM engines, further advancing the airline’s strategy to modernize its fleet with fuel-efficient aircraft.
