Although LATAM Airlines Group continues to see overcapacity in Colombia, trends indicate supply in the country’s domestic market should start to rationalize.
Brazilian carrier Azul has reached agreement with existing bondholders for $500 million in additional financing, a key step in its latest restructuring.
LATAM Airlines Group is now operating more capacity than it did pre-pandemic and is projecting continued growth ahead with 125 aircraft on order through 2030.
Azul is pushing back on reports of potential bankruptcy considerations, saying it has sources of liquidity and continues to explore combinations with GOL.
Recent personnel developments include changes at airlines in South America, the U.S. and Iceland, as well as air freight companies in the U.S. and Europe.
Salgado Filho International Airport in Porto Alegre, Brazil, remains closed indefinitely after flooding in May, with no indication of when it will reopen.
LATAM says it will add frequencies on a number of routes to the U.S., noting a desire to buttress the LATAM-Delta Air Lines antitrust-immunized joint venture.
This week’s Carbon Analysis returns to Latin America and reassesses the emissions of Avianca Group, Azul Brazilian Airlines, GOL Airlines, and LATAM Group.
