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.”
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
US airlines expect that FAA will allow a five-year “grace period” for full compliance with the agency’s 2010 mandate that carriers’ aircraft be Automatic Dependent Surveillance-Broadcast (ADS-B) Out capable by Jan. 1, 2020....More