Category: Latin America News (Page 1 of 15)

American Airlines & World Series champion Texas Rangers partner

February 14, 2024 / WIL BALDWIN

Fort Worth, Texas, January 14, 2024 – American Airlines Group (Nasdaq: AAL) is teaming up with the reigning World Champions, the Texas Rangers. The multiyear deal taps American as the Official and Exclusive Airline and Airline Rewards Program of the Texas Rangers and includes additional marketing and sponsorship benefits that will engage fans in the community and beyond.

The collaboration will extend beyond the diamond, offering fans unique opportunities to travel to the games and enjoy exclusive perks. From throwing out the first pitch at a game and suite seats to once-in-a-lifetime meet-and-greets with popular players, American is set to enhance the fan experience and bring them closer to the action.

The only way to unlock access to these experiences is by becoming an AAdvantage® member. Fans who are U.S. residents, ages 18 and over, can sign up once daily at aa.com/RangersPerks for a chance to win that specific prize. Not an AAdvantage® member? Sign up.

Click the link below to read the full story!

American Airlines partners with Texas Rangers

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Emirates increasing flights to Brazil and Argentina starting in December

January 23, 2024 / WIL BALDWIN

Dubai, UAE, January 23, 2024 – Emirates has announced a fifth frequency on its Dubai – Rio de Janeiro route, starting on December 7, 2024. The additional weekly flight on Saturdays will provide increased capacity on its service to the Brazilian city and will support the growing demand for travel on the route. Additionally, the linked service allows travellers to conveniently travel onwards to the Argentinian capital city of Buenos Aires.

Emirates’ increase in capacity on its Dubai – Rio de Janeiro – Buenos Aires route will help the airline to meet market demand and offer customers greater flexibility, choice, and connectivity. With the fifth scheduled service, customers will now have more choice when selecting flights to suit their travel plans.

The additional weekly frequency between Dubai, Brazil and Argentina will operate as EK247 and EK248 in a 2-class configuration. Tickets can be booked immediately on emirates.com, the Emirates App, and travel agencies.

EK247 and EK248 is scheduled to operate with timings as follows (all times are local):

The airline’s boosted services to Brazil and Argentina are expected to facilitate additional connectivity for passengers travelling between these countries and other popular destinations in Emirates’ network including the UAE, Japan, Thailand, Maldives, Egypt, mainland China and Hong Kong, Turkey, South Korea, India, Australia and Indonesia. With Brazil and Argentina being home to the two largest Lebanese communities in Latin America, Emirates regularly serves customers travelling to and from Beirut. Furthermore, nationals of Brazil and Argentina can also enjoy the convenience of visa-free travel to Dubai, making it a popular destination for holidays and short stopovers.

Emirates and Azul expand partnership

January 15, 2024 / WIL BALDWIN

Dubai, UAE, January 15, 2024 – Emirates and Azul Linhas Aereas Brasileiras S.A. (Azul) have taken their partnership to new heights with the launch of a reciprocal loyalty program offering. Emirates Skywards and TudoAzul frequent flyer members can now earn and redeem Miles across a joint network of more than 290 destinations worldwide. The two carriers launched a codeshare partnership in 2021 to provide customers enhanced connectivity to/from eight cities in Brazil to Emirates’ global network via Sao Paulo.

More opportunities to earn Miles

Under the agreement, Emirates Skywards members can earn Miles while traveling across Azul’s network of more than 150 destinations. Skywards members earn up to 1 Skywards Mile per mile flown in Economy class, and up to 1.5 Skywards Miles per mile flown in Business Class. Members can also redeem flight rewards on Azul Economy Class on emirates.com (starting from 8,000 Miles for a one-way reward ticket) and Azul Business Class (starting from 17,500 Miles for a one-way reward ticket). The partnership will also enable TudoAzul members to earn Miles across Emirates’ global network of more than 130 destinations, across six continents. Azul members can also enjoy flight rewards on Emirates Economy and Business Class cabins.*

Connecting Brazil to the world

Emirates currently operates a daily A380 service to Sao Paulo, featuring its highly lauded Premium Economy cabin. The airline also operates a Boeing 777-300ER service between Dubai and Rio de Janeiro, which also connects travellers onwards to Buenos Aires. The codeshare agreement with Emirates and Azul allows customers to connect to/from Rio de Janeiro, Santos Dumont (SDU), Belem (BEL) Belo Horizonte (CNF), Cuiaba (CGB), Curitiba (CWB), Juazeiro Do Norte (JDO), Porto Alegre (POA) and Recife (REC) airports on flights operated by Azul to Emirates flights from Sao Paulo (GRU) to Dubai and beyond with a single ticket.

Embraer delivers Ipanema agricultural airplane number 1,600

January 15, 2024 / WIL BALDWIN

Botucatu, Brazil, January 15, 2024 — Embraer SA (ADR-NYSE: ERJ) Agricultural Aviation Division delivered 65 Ipanema airplanes in 2023, an increase of 18% compared to the previous year. As a result, in December, the company reached the milestone of 1,600 units produced and delivered over the aircraft’s five decades of uninterrupted production.

Since the launch of the new version of the EMB-203 model in 2020, the company has seen continuous growth in sales and plans to increase production to 70 planes this year.

As the leader in the Brazilian aerial applications market, the Ipanema brings innovations and improvements that increase robustness with low operating costs and carbon emissions. The Ipanema is the only agricultural airplane certified and produced in series to fly on ethanol, a renewable energy source that provides increased power to the aircraft’s engine.

Forward-Looking Statements

LATAM group presents special collection of aircraft in South American colors

January 14, 2024 / WIL BALDWIN

Santiago, Chile, January 12, 2024 – With the aim of celebrating the local pride of the leading airline group in Latin America, LATAM group unveiled its latest project, which involves adorning five aircraft with the respective national flag colors of the countries where the affiliates operate domestic flights.

The idea, extending throughout 2024, is to gradually introduce the five painted aircraft into the domestic flights of the affiliates. It will begin on January 11 with LATAM Airlines Brasil, debuting an Airbus A320neo in green and yellow colors, followed by planes representing the colors of the affiliates in Colombia, Chile, Peru, and finally, Ecuador.

The special paint scheme, applied by 30 workers from the Brazilian affiliate, maintains the characteristics of the LATAM logo already present on its aircraft, with only the colors being modified. The design of the LATAM Airlines Brasil A320neo started this Monday at the São Carlos facility in Sao Paulo, the largest maintenance center of the LATAM group.

Currently, the airline group has 332 aircraft, including 56 Boeing passenger planes (models 767, 777, and 787) and 256 Airbus planes (models A319, A320, A320neo, A321, and A321neo).

Additionally, LATAM Cargo has 20 cargo planes.

OnFlight now Authorized Service Center for Embraer Executive Jets

January 10, 2024 / WIL BALDWIN

Cincinnati, Ohio, January 10, 2024 – OnFlight, Inc. (OnFlight) of Cincinnati, Ohio, announced today the milestone approval and authorization as an Embraer Authorized Service Center by Embraer Executive Jets. In this capacity, OnFlight further expands Embraer’s strategic network of MRO services focused on Embraer aircraft.

OnFlight, a Part 135 Charter Operator since 2000, has operated Embraer aircraft since 2011, with exclusive Embraer focus since 2016. With this announcement, OnFlight’s strategy further expands to include Part 145 Repair Station Operations dedicated entirely to Embraer aircraft. Operations are expected to commence early in Q1 2024 at the Cincinnati Lunken Airport.

Genesee & Wyoming welcomes Grupo Mexico Transport

January 2, 2024 / WIL BALDWIN

Jacksonville, Florida, January 2, 2024, Business Wire – Genesee & Wyoming Inc. (G&W) is pleased to welcome Grupo México Transportes (GMXT) as a new partner in its CG Railway, LLC (CGR) joint venture, pending receipt of regulatory approvals for their purchase of equity interests in CGR.

G&W initially formed a joint venture with SEACOR Holdings Inc. in 2017 to own and operate CGR, which has provided rail-ferry service between the ports of Mobile, Alabama, and Coatzacoalcos, Veracruz, across the Gulf of Mexico since 2001. Last week, GMXT announced its intention to purchase SEACOR’s stake in CGR and become G&W’s new joint venture partner for CGR.

CGR’s service advantages include three-day port-to-port transit time, an expedited customs clearance process and minimal exposure to pilferage while in transit on the Gulf of Mexico. To learn more about the operation, visit cgrailway.com.

Azul announces $200M credit facility to finance engine maintenance

December 28, 2023 / WIL BALDWIN

Sao Paulo, Brazil, December 26, 2023 – Azul S.A. (NYSE: AZUL), the largest airline in Brazil by number of flights and cities served, announces that its subsidiaries Azul Linhas Aereas Brasileiras S.A. (“ALAB”) and Azul Investments LLP have received approval to access a new US$ 200 million secured credit facility. The facility will be used to finance engine maintenance of ALAB’s Embraer and Airbus fleet, performed by GE Celma Ltda. (a subsidiary of GE Aerospace). The Brazilian Guarantees Agency – ABGF (Agencia Brasileira Gestora de Fundos Garantidores e Garantias) was the rapporteur. The Export Financing and Guarantee Committee – COFIG (Comite de Financiamento e Garantia das Exportacoes) approved the transaction under the conditions presented by ABGF.

About Azul

Azul S.A. offers 1,000 daily flights to over 160 destinations. With an operating fleet of over 180 aircraft and more than 16,000 Crewmembers, the Company has a network of 300 non-stop routes as of September 2023. Azul was named by Cirium (leading aviation data analysis company) as the most on-time airline in the world in 2022, being the first
Brazilian airline to obtain this honor. In 2020, Azul was awarded best airline in the world by TripAdvisor, first time a Brazilian Flag Carrier earns number one ranking in the Traveler’s Choice Awards. For more information, please visit www.voeazul.com.br/ir

Forward-Looking Statements

Southwest Airlines pilots to vote on new five-year agreement

December 20, 2023 / WIL BALDWIN

Dallas, Texas, December 20, 2023 – Southwest Airlines Co. (NYSE: LUV) announced today that a Tentative Agreement has been reached with the Southwest Airlines Pilots Association (SWAPA) and will be voted on by the airline’s nearly 11,000 Pilots.

SWAPA will communicate details of the contract and the voting process to Pilots.

Southwest® began accruing for market wage rates for all open labor contracts April 1, 2022. The Company’s fourth quarter 2023 guidance range for operating expenses per available seat mile, excluding fuel and oil expense, profitsharing, and special items (CASM-X), including those associated with this Tentative Agreement, remains unchanged at down 16 percent to 19 percent year-over-year. The CASM-X guidance range is inclusive of market wage rate accruals for this, and all open labor contracts, related to the fourth quarter 2023 time period.

Cautionary Statement Regarding Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Specific forward-looking statements include, without limitation, statements related to (i) the Company’s financial outlook, plans, expectations, and projected results of operations and (ii) labor matters. These forward-looking statements are based on the Company’s current estimates, intentions, beliefs, expectations, goals, strategies, and projections for the future and are not guarantees of future performance. Forward-looking statements involve risks, uncertainties, assumptions, and other factors that are difficult to predict and that could cause actual results to vary materially from those expressed in or indicated by them. Factors include, among others, (i) the impact of fears or actual outbreaks of diseases, extreme or severe weather and natural disasters, actions of competitors, fuel prices, consumer perception, economic conditions, banking conditions, fears or actual acts of terrorism or war, sociodemographic trends, and other factors beyond the Company’s control, on consumer behavior and the Company’s results of operations and business decisions, plans, strategies, and results; (ii) the Company’s ability to timely and effectively implement, transition, and maintain the necessary information technology systems and infrastructure to support its operations and initiatives; (iii) the emergence of additional costs or effects associated with the cancelled flights in December 2022, including litigation, government investigation and actions, and internal actions; (iv) the Company’s dependence on its workforce, including its ability to employ and retain sufficient numbers of qualified Employees to effectively and efficiently maintain its operations; (v) the Company’s ability to obtain and maintain adequate infrastructure and equipment to support its operations and initiatives; (vi) the Company’s dependence on third parties, in particular with respect to its technology plans, its plans and expectations related to operational reliability, fuel supply, and maintenance, and the impact on the Company’s operations and results of operations of any third party delays or non-performance; (vii) the impact of labor matters on the Company’s business decisions, plans, strategies, and results; (viii) the impact of governmental regulations and other governmental actions on the Company’s business plans, results, and operations; and (ix) other factors, as described in the Company’s filings with the Securities and Exchange Commission, including the detailed factors discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10- K for the fiscal year ended December 31, 2022. Caution should be taken not to place undue reliance on the Company’s forward-looking statements, which represent the Company’s views only as of the date of this news release. The Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Embraer doubles service center capacity by expanding maintenance and customer support

December 20, 2023 / WIL BALDWIN

Embraer is expanding with 3 additional MRO facilities in Texas, Ohio, and Florida

Melbourne, Florida, December 20, 2023 – Embraer (NYSE: ERJ) announced today that it is doubling its maintenance service capacity in the United States, to support the continued growth of its executive jets’ customer base through the addition of three Executive Aviation Maintenance, Repair and Overhaul (MRO) facilities in Dallas Love Field, TX, Cleveland, OH, and Sanford, FL.

Embraer will also substantially increase its Mobile Response network by 28 teams, and enlarge its capabilities including access to interior services, paint, and component repairs as part of this expansion. Service at these locations is set to begin in the second quarter of 2024. Embraer currently has three owned U.S.-based service centers dedicated to its executive jet customers located in Mesa, AZ, Melbourne, FL, and Fort Lauderdale, FL. Further, the company has 24 authorized service centers for its executive jets across the USA.

Forward-Looking Statements

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