Tag: airline
airlineAerolíneas receives a daily government support of over 2 million dollars
Argentina’s flag carrier ended the last twelve months with a drop in the number of passengers transported, totalling 6.017.886, which is 5.97% less than in 2010. However income from the sale of tickets reached 1.334 billion dollars, which is 14% higher, according to the latest numbers available.
First commercial bio-fuel flight in Latam between Mexico City and Chiapas
The Mexican airline Interjet has successfully conducted the first commercial bio-fuel flight in Latin America, using a jatropha-based fuel that reduces air pollution by 80%, according to company officials.
British Airways: ‘World’s favourite airline’ grows in South America
Over sixty five years ago, British South American Airways (BSAA) began flying to South America. The flights, which began in March 1946, were via Lisbon, Bathurst, Natal, Rio de Janiero and Montevideo, before landing in Buenos Aires, 35 hours later. The aircraft: an Avro Lancastrian. How times have changed.
Uruguayan airline Pluna planning to open new domestic routes in Chile
For years LAN Chile has dominated the Chilean airways, but recent reports suggest Uruguayan based airline Pluna is hoping to open up new domestic flights within Chile, increasing the competition already offered by Sky airlines and PAL airlines.
Airlines profits for 2010 and 2011 up but “margins remain pathetic” says IATA
The International Air Transport Association (IATA) revised its industry outlook for 2010 to a net profit of 15.1 billion USD (up from the 8.9 billion forecast in September). Similarly IATA revised upwards its projections for 2011 to a net industry profit of 9.1 billion (up from the 5.3 billion forecast in September). However net margins remain weak at 2.7% for 2010 and falling to 1.5% in 2011.
Venezuelan government airline grounds all flights for technical review of fleet
The government-owned Venezuelan airline involved in a fatal a plane crash Monday in which 16 people were killed has grounded all flights Friday for 14 days to perform a technical review of its fleet, the Conviasa airline announced.
