Air Europa has formally agreed to a €300 million (approximately $349 million) investment offer from Turkish Airlines in exchange for a minority stake in the Spanish carrier. The strategic move is designed to bolster Turkish Airlines’ reach into the Latin American market, a region where it seeks deeper connectivity despite the two carriers belonging to different global alliances—SkyTeam for Air Europa and Star…
JetBlue (NASDAQ: JBLU) has announced a significant network expansion across Florida, Latin America, and the Caribbean, reinforcing its focus city operations in Boston and New York while entering new coastal markets. The move includes the airline’s first-ever service to Vero Beach, Florida, and the return of flights to Daytona Beach, both launching in December 2025. These routes will connect with both Boston Logan International…
Hainan Airlines of China and Air Europa of Spain have officially begun a new codeshare partnership effective 01 July 2025, significantly expanding their global reach. This cooperation interconnects the carriers’ networks across Asia, Europe, and Latin America, offering seamless travel options for passengers through integrated flight schedules and shared codes on select routes.
Avianca Cargo, the freight division of Colombia’s national airline, has taken delivery of its first Airbus A330-200P2F, identified by serial number 1342, marking a significant milestone in the carrier’s fleet modernization program. This aircraft is the second of two widebody conversions the airline had planned, underscoring its commitment to expanding long-haul cargo capabilities.
Abra Group, a UK-based aviation investment consortium, continues to pursue the long-anticipated merger of Brazilian airlines GOL and Azul, despite growing speculation that Azul may file for bankruptcy protection in the United States. The group reiterated its commitment to consolidating the two carriers as part of a strategy to build Latin America’s leading airline network.
Azul, one of Brazil’s largest airlines, is reportedly in advanced negotiations with creditors to secure approximately $600 million in emergency financing. This strategic move is aimed at sustaining operations through a potential bankruptcy process, which could be initiated as early as next week. The airline, like many others in Latin America, has faced significant financial turbulence over recent…
Copa Airlines, the flag carrier of Panama, has added to its growing next-generation fleet with the delivery of a Boeing 737-8, manufacturer serial number (MSN) 44197, powered by CFM International LEAP-1B27 engines. This aircraft is part of Copa’s broader modernization program focused on operational efficiency, lower environmental impact, and enhanced passenger experience.
Avianca Group International, one of Latin America’s major airline groups, has announced its first quarter 2025 financial results, revealing mixed performance metrics. The company posted total operating revenues of $1.37 billion, marking an 8.9% increase compared to the same period last year, driven largely by continued recovery in passenger demand and sustained growth in cargo operations.
Mitsubishi UFJ Financial Group, Japan’s largest financial institution, has announced the successful closing of a $52.3 million upsize in financing for Viva, a prominent low-cost carrier based in Mexico. The expanded credit line is intended to fund the acquisition of two additional Airbus A321 aircraft, further enhancing Viva’s fleet modernization and growth strategy.
Copa Holdings, the Panama-based parent of Copa Airlines, has reported a net profit of $176.8 million for the first quarter of 2025, marking a 0.4% year-over-year increase. The airline group’s operating revenue rose 0.6% to $899.2 million, reflecting steady demand and disciplined cost control during the period.
