A historic agreement has been reached between Colombian airline Avianca and Brazil's GOL whereby both companies will function under the same holding, thus increasing their mutual presence throughout Latin America, it was announced Wednesday.
Two of South America's wealthiest brothers, the Bolivian-born airline magnates German and Jose Efromovich, were arrested this week in Brazil as part of the country's sweeping anti-corruption probe, Operation Car Wash.
Avianca is the second-largest carrier in Latin America, but its passenger operations have been grounded since March because of coronavirus. It said the pandemic had cut more than 80% of its income, and it was struggling with high fixed costs.
At least 15 people were injured when an Airbus 330 flying from Lima to Buenos Aires encountered severe turbulence, Argentina's national news agency Telam and other media reported.
The Director of Aviation at Aviation Economics Joanna Hunt commenting on the progress of a second commercial air-link to the Falkland Islands has confirmed there has been interest from airlines.
As airlines cut service to Caracas and Venezuela struggles with a continuing debt crisis, the government of President Nicolás Maduro revealed that it would raise all international airline ticket prices by 350%. The measure should allow to pay part of the 4 billion dollars owed to foreign airlines, according to the government.
Avianca Brasil has joined Azul in becoming the second Brazilian airline to promise to cap prices for the upcoming football World Cup, which opens June 12 in Sao Paulo. Avianca said it would match Azul and limit one-way fares to a maximum of 999 Reais (425 dollars).
Brazil's consumer watchdog Procon Rio do Janeiro branch has ordered five airlines to reduce abusive domestic fares during next year's FIFA World Cup. Avianca, TAM, Gol, Azul and Oceanair have been accused of inflating prices up to 10-fold during the June 12-July 13 tournament.