Argentina's flag carrier Aerolíneas Argentinas and Brazil's GOL have announced a Buenos Aires-São Paulo air shuttle between Aeroparque Jorge Newbery and Guarulhos, in addition to increasing their codeshare operations linking the two countries, starting in August.
Brazil’s Bovespa stock index plunged Thursday to a three-month low, extending its drop in the past month to 12%, and the Real tumbled as concern Europe’s debt crisis will spread prompted investors to sell higher-yielding assets.
Chile's flagship carrier LAN Airlines S.A. (NYSE:LFL) is looking to enter the Colombian domestic passenger market by helping Colombia’s Aeroasis S.A. obtain the necessary permits to operate in the country, Chief Executive Enrique Cueto said on Thursday.