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.
Airbus claimed victory over rival Boeing at the Paris Air Show with orders and commitments totaling 421 aircraft announced through the week, but Boeing’s 331 commercial airplane sales included a far larger number of higher value widebodies....More
The GE Aviation/Pratt & Whitney joint venture Engine Alliance said it remains in contention to power the potential re-engined Airbus A380neo with a comprehensive upgrade to the GP7200, but it noted the timing of such a move is dependent on Airbus....More
ATR has sold 46 aircraft and 35 options in the year to date, valued at $2 billion including options, marking a slowdown on its previous performance due to low fuel prices and adverse dollar exchange rates....More