Investments

• Wednesday, March 8th 2023 - 10:11 UTC

  Aerolíneas Argentines to resume Carrasco-Ezeiza route

  

  Aerolíneas Argentinas will resume its direct route between Buenos Aires' largest international air terminal (Ezeiza) and Montevideo's Carrasco, which will serve as a feeder for Uruguayan travelers to board transatlantic flights to Madrid or Rome or other domestic and regional services to destinations such as New York, Cancun, Punta Cana, or Havana.

• Wednesday, March 8th 2023 - 10:05 UTC

  Argentina clinches CAF loan for gas pipeline development

  

  Argentina has secured a US$ 840 million loan from the Development Bank of Latin America (CAF), which will be largely allocated to the construction of the “President Néstor Kirchner” gas pipeline, it was announced Tuesday.

• Wednesday, March 1st 2023 - 10:13 UTC

  Colombian budget carrier leaves thousands of travelers stranded

  

  Colombian airlines Avianca, LATAM, and Satena were arranging contingency flights Tuesday after thousands of travelers were left stranded following the grounding of the financially broken budget carrier Viva Air, it was reported.

• Wednesday, March 1st 2023 - 08:05 UTC

  Tesla to build carmaking plant in Mexico

  

  Elon Musk's Tesla will install a factory to build electric cars in Mexico, which will be the company's first in Latin America, President Andrés Manuel López Obrador (AMLO) confirmed Tuesday.

• Tuesday, February 28th 2023 - 06:00 UTC

  PepsiCo announces energizing beverage in Uruguay

  

  Uruguay became this week the second Latin American country where Rockstar has been launched since the brand purchased its licenses in March 2020. The energy drink with added caffeine and vitamins B3, B5, and B6, which also contains ginseng and guarana, is to reposition the soft-drink giant in the so-called functional beverages segment together with its local bottling partner, Fábricas Nacionales de Cerveza.

• Saturday, February 25th 2023 - 08:43 UTC

  British Airways owners buy 100% of Air Europa

  

  International Airlines Group (IAG), the group owning Iberia and British Airways, has reached a deal with Globalia to buy Air Europa for €400 million to be disbursed over the next five years and thus fully owns the Spanish carrier of which it had already acquired 20% for €100 million last year.

• Friday, February 24th 2023 - 10:40 UTC

  Aerolíneas Argentinas delivered first full-cargo aircraft in 16 years

  

  Aerolíneas Argentinas took delivery of its first cargo-only aircraft in 16 years to start a new freight venture, it was reported in Buenos Aires. It is a Boeing 737-800 fully reconfigured after having served as a passenger aircraft in the past.

• Wednesday, February 22nd 2023 - 10:34 UTC

  Brazil receives first shipment of Swedish fighter parts from Saab

  

  Brazil has taken delivery of the first shipment of parts of Swedish Gripen F-39E fighters to be assembled at Embraer's Defesa & Segurança's facilities in Gavião Peixoto, in the state of São Paulo. Hence, the aircraft with serial number 6032 will be the first to be entirely assembled in the South American country.

• Tuesday, February 21st 2023 - 09:50 UTC

  Falkland Islands: Refurbishing starts on Mount Pleasant runway

  

  A contractor has started working on a £7m project to extend the lifespan of the runway at the Mount Pleasant Complex (MPC) airfield in the Falkland Islands until it can be fully re-laid in the coming years, the British Government reported Monday.

• Wednesday, February 15th 2023 - 11:27 UTC

  Huge Air India deal with Airbus provides thousands of jobs for UK companies

  

  The UK Prime Minister Rishi Sunak and Business and Trade Secretary Kemi Badenoch has welcomed a momentous deal for Airbus and Rolls-Royce to provide new aircraft for Air India, which is worth billions of pounds to the UK.