JetSMART, the Chilean ultra-low-cost carrier, has taken delivery of an Airbus A321neo, manufacturer serial number (MSN) 12430, powered by Pratt & Whitney PW1133G-JM engines. The aircraft adds high-density capacity to JetSMART’s growing narrowbody fleet as it targets expansion across South America.
LATAM Airlines delivered strong financial results for the first quarter of 2025, posting a 2.7% increase in total revenues to US$3.4 billion and a 37.6% rise in net income to US$355 million. The group’s liquidity position remained solid with US$2.1 billion in cash and cash equivalents.
JetSMART, the Chilean ultra-low-cost carrier, has added a new Airbus A320neo to its fleet with the delivery of serial number 12514. The aircraft is powered by PW1127G-JM engines from Pratt & Whitney and was acquired on lease, supporting JetSMART’s ongoing fleet expansion across South America.
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.
