American Airlines Group Inc and Brazil's Gol Linhas Aereas Inteligentes SA are negotiating a partnership that could integrate flights between the two airlines in Latin America, a newspaper reported on Friday.
A surprise US$1.9 billion investment by Delta Air Lines in LATAM Airlines Group is likely to fire up competition in South America as the weakest U.S. carrier in the region joins up with the strongest homegrown player.
The Argentine media has revealed some additional details about the coming weekly airlink between the Falkland Islands and the South American continent, scheduled to begin “sometime in the second half of November”.
Delta Air Lines said on Thursday it would buy a 20% stake in LATAM Airlines Group for US$1.9 billion, creating a major new airline partnership and ending the Chilean carrier's ties with American Airlines.
An agreement has been finalised with LATAM Airlines Brazil to introduce a second international commercial air link to the Falkland Islands with a weekly service from São Paulo/Guarulhos (with a monthly stop in Cordoba, Argentina), complementing the existing weekly flight to Santiago, Chile.
LATAM Airlines Group was named for the second year running as the ‘Best Global Airline in South America’ in the Passenger Experience Association of Airlines (APEX) Passenger Choice Awards in Los Angeles, California. LATAM was also recognized for the ‘Best Seat Comfort’, ‘Best Cabin Service’, ‘Best Entertainment’ and ‘Best Wi-Fi’ in South America.
Outgoing President Michel Temer issued an executive order that allows foreign groups to own 100% of a Brazilian airline. Previously, non-Brazilians were limited to 20% of shares. The decision occurs in the midst of a bankruptcy proceeding filed by Avianca Brasil.
While the relationship between the UK and Argentina is changing, the UK commitment to the people and sovereignty of the Falklands is unchanging, assured Prime Minister Theresa May in her Christmas speech to the Falklands.
Foreign Office minister for the Americas, Sir Alan Duncan praised as historic the UK/Argentina agreement on a second commerical flight between the Falklands and the region.
The governments of Argentina and the United Kingdom reached an understanding to establish a second commercial air link to the islands, the Falkland Islands Government (FIG) confirmed on Tuesday followed by an official statement of the embassy of Argentina in the United Kingdom.