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.
Openness to a restructuring of FAA—including fundamental air traffic control (ATC) reform—appears to be widespread in government and among industry stakeholders, but disputes over the agency’s funding threaten to unravel any potential consensus on reorganizing FAA....More
Boeing Commercial Airplanes president and CEO Ray Conner continued to lobby on behalf of a long-term reauthorization of the US Export-Import Bank (Ex-Im), saying elimination of Ex-Im financing for commercial aircraft would have a seriously negative impact on Boeing and the US economy....More
Etihad Airways president and CEO James Hogan has made his first public comments on the growing campaign by the three largest US carriers against the three Gulf airlines they say operate on the basis of unfair government subsidies....More
With flight tests of the long-delayed Bombardier CSeries past the half-way stage and certification now on track for year end, key leasing companies say the airliner’s longer term success hinges on execution of the final approval phase to service entry as well as building credibility by attracting big orders....More