Grupo Aeromexico posted an MXP385 million ($28.9 million) unaudited consolidated net profit for the 2013 fourth quarter, down 37.1% from MXP612 million the year before. Full-year consolidated net profit was MXP1 billion, down from MXP1.3 billion.
Brazilian airlines have asked Brazil’s National Civil Aviation Agency (ANAC) to allow 1,500 extra domestic flights between June 6 and July 20 to meet a huge increase in demand during the FIFA 2014 World Cup, which will be held between June 12 and July 13.
Mexico’s Directorate General of Civil Aviation has authorized Interjet to continue operating three international routes previously operated by Mexicana Airlines, which suspended operations under severe financial distress in August 2010.
Volaris Aviation Holding, parent of Mexican Low-cost carrier Volaris, has launched a simultaneous $346 million initial public offering (IPO) Sept. 18 at the New York Stock Exchange and the Mexican Stock Exchange.
Honduras launched a bid last month for the construction of a $7 million airport at Rio Amarillo, future gateway into the Copán archeological site. Winner is to be announced this December and the airport with a 1.2 kilometer (0.7 mile) runway is expected to be serviced both by local and international carriers. Through its state-private sector alliance, Coalianza, Honduras is also set to open next month the international bidding for the construction of a $130 million international airport in Palmerola, 70 kilometers (43.4 miles) away from the capital city of San Pedro Sula.
Excessive costs and an aviation sector that is not as robust as it should be, especially in attracting international business, are hurting Canada’s air transport industry, conference panelists said Tuesday....More
Latin American traffic growth has slowed from double digits, but is still expected to grow 5%-6% per year, reaching nearly a half billion passengers by 2025, according to Alex de Gunten, adviser to the executive board of the Latin America and Caribbean Air Transport Association....More
Senior executives from two of the three major US carriers involved in the growing dispute over alleged unfair competition from the Gulf carriers said Tuesday they are simply asking for government-to-government consultations on the US Open Skies agreements with the United Arab Emirates (UAE) and Qatar....More
Etihad Airways will continue to expand its cross-Atlantic routes between North America, the Middle East and the sub-Indian continent, but has no plans to fly between Europe and the US a senior executive said Monday....More