Volaris Aviation Holding, parent of Mexican Low-cost carrier Volaris, has filed with the US Securities and Exchange Commission to raise up to $100 million in an initial public offering (IPO) of American Depository Shares offering.
Following in the steps of the 2012 privatization auctions of three major airports—São Paulo Guarulhos, Campinas Viracopos and Brasília Presidente Juscelino Kubitscheck—Brazil plans to open bidding for the privatization of Rio de Janeiro Galeão and Confins airports in October.
On the heels of LATAM Airlines Group’s first-quarter results, Chile-based LAN Airlines announced it completed a test flight of its Boeing 787 after installing battery modifications, paving the way for the grounded aircraft to resume operations “in the coming days.”
Airbus secured net orders for 731 aircraft in 2016, while deliveries were up 8% at 688 aircraft, exceeding its full-year target. By comparison, Boeing logged net orders for 668 aircraft and delivered 728....More