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.
GOL Linhas Aéreas, one of Brazil’s leading airlines, has reported a recurring EBITDA of $257 million for the first quarter of 2025, showcasing resilience in operations despite regional economic fluctuations. The results underline the company’s efforts to stabilize finances following restructuring measures and increasing travel demand across Brazil.
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.
StandardAero, a leading U.S.-based provider of MRO (Maintenance, Repair, and Overhaul) services, has officially joined the Latin American and Caribbean Air Transport Association (ALTA) as an affiliate member. The announcement signals StandardAero’s intent to deepen its engagement with the Latin American aviation sector and support the region’s airline and maintenance communities.
Boeing has forecasted significant growth in Latin America’s freighter fleet, projecting a 47% increase, reaching 220 aircraft by 2043. This expansion is driven by rising demand for air cargo, fueled by e-commerce growth, supply chain shifts, and increased trade volume in the region.
Hamburg Commercial Bank (Germany) has announced that its Global Aviation division has provided structured portfolio financing to Pulsar Aero Global (Ireland) for the acquisition of five aircraft. The portfolio includes three Boeing 737-800s, one Airbus A321-200, and one Airbus A320-200, which are leased to operators across Latin America, Asia, and Europe for terms of up to five years.
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.
