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.
GA Telesis, a leading US-based provider of integrated aviation solutions, has announced the appointment of Bosco Ricoas Vice President for the Latin America and Caribbean region. This strategic leadership addition reflects GA Telesis’ commitment to strengthening its presence and fostering growth in these key markets.
GA Telesis (US) has officially inaugurated its new Latin America & Caribbean headquarters, located in San Salvador, El Salvador. This strategic expansion signifies GA Telesis’ commitment to strengthening its presence in the region and underscores the growing importance of Latin America and the Caribbean in the global aviation market.
Grupo Aeromexico, one of Mexico’s leading carriers, reported a steady rise in passenger numbers for November 2024, highlighting a 0.3% year-on-year increase to reach 2.0 million passengers. The airline also saw notable growth in key operational metrics, reflecting its robust recovery and growing demand for air travel.
Copa Holdings, the parent company of Copa Airlines based in Panama, reported a 22.1% decline in net profit for the third quarter of 2024, amounting to $146 million. The results reflect a 1.5% decrease in operating revenue, which totaled $854.7 million for the quarter. Despite the downturn, Copa Holdings maintains a strong financial position with $1.3 billion in cash, short-term, and long-term…
